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India’s economic rebound faces rising risk from virus variants: Reuters poll

Mount Equity Group Tokyo, Japan > News > Markets > India’s economic rebound faces rising risk from virus variants: Reuters poll
  • reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=INGDPQP GDP long-term poll data
  • reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=INREPO%3DECI RBI rate poll data
  • Reuters poll graphic on India economic growth, monetary policy and inflation outlook: https://tmsnrt.rs/3rsfOht
  • Reuters poll graphic on India economic outlook: https://tmsnrt.rs/3zr15WD

BENGALURU, July 23 (Reuters) – India’s economic rebound, already weakened in recent months, could lose further momentum as coronavirus variants pose the greatest threat and inflation rises, a Reuters poll of economists found.

The latest survey results suggest difficult policy decisions lie ahead for the Reserve Bank of India, which has already seen two consecutive months of inflation above the 6% upper limit of the range it tolerates.

The RBI said last week that prospects for the economy had brightened and the inflation rise would be transitory, echoing the…

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