Policy failures in India could lead to stagflation

Note: This section contains information in English only.
Source: Dukascopy

According to Taimur Baig, who is Chief Economist of Global Market Research in Deutsche Bank, stagflation will persist for two more quarters, and inflation will possibly reach 7.8%. According to the expert, inflation will remain above the trend, while economic growth will slow down.

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Fri, 01 Jun 2012 18:29:10 GMT

Purchasing managers' index drops in the Euro area

The Euro area's PMI dropped from 45.9 to 45.1 representing the fastest jump during three years. According to Chris Williamson, Markit's chief economist, the financial recession and the political issues are spreading around the area negatively impacting the manufacturing movement. Williamson added that the figures signify a decrease in the sector by 1% per quarter.

Fri, 01 Jun 2012 18:07:10 GMT

Manufacturing in India continues to rise

Indian manufacturing sector steadily continued developing in May. Manufacturing PMI, according to Markit, decreased insignificantly from 54.9 to 54.8. It has been staying above 50, which points to growth, for the last three years.

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