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Coronavirus wave flattens Indian housing market views: Reuters poll

Coronavirus wave flattens Indian housing market views: Reuters poll
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Coronavirus wave flattens Indian housing market views: Reuters poll
Indian house prices will stagnate this year, hurt by a devastating second wave of the coronavirus which has crushed demand and offset government tax rebates and incentives for property developers, a Reuters poll showed.
FILE PHOTO: Trucks are parked at the site of an under-construction residential building project, which has been stalled, in Mumbai March 19, 2015. REUTERS/Danish Siddiqui
21 May 2021 12:15PM
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BENGALURU: Indian house prices will stagnate this year, hurt by a devastating second wave of the coronavirus which has crushed demand and offset government tax rebates and incentives for property developers, a Reuters poll showed. ....

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Japan second quarter economic growth forecasts cut sharply on coronavirus restrictions

Japan second quarter economic growth forecasts cut sharply on coronavirus restrictions - Reuters poll
Reuters
3 hrs ago
By Daniel Leussink
© Reuters/Kim Kyung Hoon
A man wearing a protective face mask, following the coronavirus disease (COVID-19) outbreak, walks on a pedestrian overpass at a business district in Toky
By Daniel Leussink
TOKYO (Reuters) - Japan s economy is set to grow much slower than previously hoped this quarter, hobbled by extended emergency measures put in place to halt a rise in coronavirus infections, a Reuters poll showed.
It is likely to expand an annualised 1.7% this quarter, less than half the 4.7% projected last month, according to the poll of 33 economists conducted May 6-13. ....

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Japan second quarter economic growth forecasts cut sharply on coronavirus restrictions - Reuters poll

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TOKYO (Reuters) - Japan s economy is set to grow much slower than previously hoped this quarter, hobbled by extended emergency measures put in place to halt a rise in coronavirus infections, a Reuters poll showed.
It is likely to expand an annualised 1.7% this quarter, less than half the 4.7% projected last month, according to the poll of 33 economists conducted May 6-13.
Nearly all of the economists polled believe the government will compile an extra budget to support the world s third-largest economy, with 60% expecting it to come before the end of the third quarter.
A surge in infections due in part to new variants led to the government s decision to extend a state of emergency in Tokyo and three other areas until the end of the month and to expand it to two more prefectures, hitting consumer spending and broader activity. ....

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POLL-Japan Q2 economic growth forecasts cut sharply on coronavirus restrictions

4 Min Read
TOKYO (Reuters) - Japan’s economy is set to grow much slower than previously hoped this quarter, hobbled by extended emergency measures put in place to halt a rise in coronavirus infections, a Reuters poll showed.
FILE PHOTO: People wear protective masks in a shopping district amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, December 14 , 2020. REUTERS/Kim Kyung-Hoon
It is likely to expand an annualised 1.7% this quarter, less than half the 4.7% projected last month, according to the poll of 33 economists conducted May 6-13.
Nearly all of the economists polled believe the government will compile an extra budget to support the world’s third-largest economy, with 60% expecting it to come before the end of the third quarter. ....

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Benign food prices likely dragged India's April inflation to three-month low

Benign food prices likely dragged India s April inflation to three-month low - Reuters poll
05/11/2021 | 12:19am EDT
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BENGALURU (Reuters) - Indian retail inflation likely eased to a three-month low in April on softening prices for vegetables and other perishable foods, a Reuters poll suggested, bringing the headline rate closer to the midpoint of the Reserve Bank of India s medium-term target.
That reprieve would provide policymakers with some relief as they seek to keep prices under control amid growing risks that state-wide lockdowns and curfews imposed to tackle a record surge of COVID-19 cases could disrupt supplies and fuel prices. ....

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