Skip to main content

Surge in infections a risk to the recovery

The economic recovery has progressed well over recent months and as things currently stand growth is on course to be stronger than the consensus expects this year. But the recent surge in virus cases is a significant downside risk to the outlook. It is also a key reason to think that the RBI will be in no rush to withdraw policy support. We think that markets are too hawkish in pricing in rate hikes during the next 12 months.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access