India s retail inflation likely cooled to 5 78% in July - Reuters poll reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Reuters
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A labourer welds an iron pillar at a building material factory in an industrial area in Dasna, in the central Indian state of Uttar Pradesh, India, January 9, 2019. Picture taken January 9, 2019. REUTERS/Adnan Abidi
BENGALURU, Aug 2 (Reuters) - Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday.
The Manufacturing Purchasing Managers Index (INPMI=ECI), compiled by IHS Markit, jumped to 55.3 last month from 48.1 in June, well above 50-level separating growth from contraction.
Indonesia set for first GDP growth in five quarters, new virus wave hurts outlook reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Swati Pandey
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reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?s=GCR01+2H+7&st=Menu+G+C poll data
RBA decision expected on Aug. 3 at 0430 GMT
SYDNEY, July 29 (Reuters) - Australia s central bank will likely reverse a decision to trim its bond buying programme when it holds its monthly meeting next week with the country s economy in dire straits due to a longer and deeper virus lockdown in Sydney.
All but one of 44 economists surveyed by Reuters between July 22 and 28 see no change to the policy rate of 0.1% at the Reserve Bank of Australia s (RBA) Aug. 3 board meeting with one predicting a cut to 0.05%.
Australia central bank seen reversing taper decision as lockdowns hit economy: Reuters poll
FILE PHOTO: An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz
July 29, 2021
By Swati Pandey
SYDNEY (Reuters) – Australia’s central bank will likely reverse a decision to trim its bond buying programme when it holds its monthly meeting next week with the country’s economy in dire straits due to a longer and deeper virus lockdown in Sydney.
All but one of 44 economists surveyed by Reuters between July 22 and 28 see no change to the policy rate of 0.1% at the Reserve Bank of Australia’s (RBA) Aug. 3 board meeting with one predicting a cut to 0.05%.