Results of the Survey of Professional Forecasters on Macroeconomic Indicators - Round 37 - ربی - Reserve Bank of India
Results of the Survey of Professional Forecasters on Macroeconomic Indicators - Round 37
Output growth, measured using Gross Value Added, is likely to improve marginally in 2015-16 and further in 2016-17. CPI headline inflation is likely to remain below 6.0 per cent till Q2: 2016-17. Medium-term and Long-term inflation expectations remained stable. The Indian Rupee is expected to remain stable against the US Dollar in the near future. The Reserve Bank has been conducting the Survey of Professional Forecasters since September 2007. The results of the survey represent the views of the respondent forecasters and in no way reflect the views or forecasts of the Reserve Bank of India. Twenty Four professional forecasters participated in the latest survey round (Round 37) conducted in November 2015. As the responses were received before the submission of the Seventh Pay Commission Report, the forecasts do not include the impact of the possible pay revisions on the economic indicators. The results of the survey are presented in the Annex in a tabular form. Highlights 1. Annual Forecasts^
2. Quarterly Forecasts
3. Long Term Forecasts
1 Data for the previous survey round were released on September 29, 2015 on the RBI website. |