During May, there was "softer expansions

On price rise, the survey said that the rate of inflation softened to the slowest in eight months."The upturn in the Indian manufacturing sector took a step back in May, with softer demand causing slower expansions in output and the amount of new work received by firms," said Pollyanna De Lima, Economist at IHS Markit and author of the report, adding that there was also a renewed decline in new export orders. Incoming new work rose at the weakest pace since February, with slowdowns evident in the consumer and intermediate goods categories, while capital goods producers recorded a contraction in order books.The Indian manufacturing sector, however, stayed in expansion mode for the fifth consecutive month in May.5 in April to a three-month low of 51.25 per cent, but increased reverse repo rate to 6 per cent from 5.During May, there was "softer expansions" in both new orders and production.With regards to future performance, goods producers were the most optimistic in last next six months, with firms expecting new product launches, machinery acquisitions and marketing campaigns to support output growth in the year ahead.

A reading above 50 indicates expansion, while any score below the mark means contraction.The Reserve Bank in its monetary policy review meet on April 6 kept the repurchase or repo rate -- at which it lends to banks -- unchanged at 6.Meanwhile, muted inflationary pressure may prompt the Reserve Bank to adopt an accommodative policy stance, the survey said."With inflation under control and manufacturing growth below par, we may see the RBI changing neutral monetary policy stance Woodworking Drilling Equipment Manufacturers to accommodative in coming months in order to support the economy," Lima said.The Nikkei Markit India Manufacturing Purchasing Managers Index (PMI) -- an indicator of manufacturing activity -- declined from 52

+ نوشته شده در سه شنبه 22 بهمن 1398ساعت 7:24 توسط basawinndi | | تعداد بازدید : 5

Mr Lai wrote in a note titled What would

Even if the proposed tariff rate is watered down to 15 per cent, Mr Lai estimates that the resulting loss of GDP for China would be 1. "A loss of GDP or a slowdown in GDP growth of this scale would be staggering. Quoting Kevin Lai, the Hong Kong-based chief economist for Asia (excluding Japan) at Daiwa Capital Markets, a Bloomberg report said Mr Trump’s suggestion for a 45 per cent tariff on Chinese goods to narrow the trade deficit with America would spark an 87 per cent decline in China’s exports to the US, a decline of $420 billion. Mr Lai claimed the tariffs are likely to be placed on a wide range of goods from machinery and tools to toys and home appliances.That would, over time and factoring in multiplier effects, mean a 4.

China would find itself losing to many other developing economies that were not being targeted by Trump.82 per cent blow to China’s gross domestic product, or in absolute numbers about a half a trillion dollars’ worth. It doesn’t even take into account an estimated $426 billion in foreign direct investment repatriation if companies started to withdraw. Eventually, Mr Trump and his administration may actually compromise with a watered-down version of tariffs, " Mr Lai wrote in a note titled What would a Trump presidency mean for China.Arguing that China has deliberately undervalued its currency by as much as 40 per cent to provide competitive advantage to its exporters at the expense of American manufactures, Mr Trump had vowed to reclaim millions of American jobs and revive American manufacturing by putting an end to China’s illegal export subsidies and lax labour and environmental standards.

"These tariffs would certainly be detrimental for China, as they would for multinational companies operating in China." The proposal could also spell trouble for China on its balance of payment front that could widen China Panel Sawing Machine Factory the capital account deficit and put downward pressure on the Yuan.8 per cent.Chinese exports to the United States could suffer a massive setback of $420 billion if the Republican Party’s nominee Donald Trump emerges victorious in the US Presidential election. These companies would probably have to make plans to relocate to other countries

+ نوشته شده در دوشنبه 30 دی 1398ساعت 6:17 توسط basawinndi | | تعداد بازدید : 3

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