Current account targeting or inflation becomes the objective. You will have a framework to ensure that the extra money that comes in doesn't lead to change in competitiveness. |
Growth momentum remains strong and that should lead to higher inflation and interest rates. |
Industrial output was way ahead of expectations on the back of a strong recovery in manufacturing sector output. |
Strong economic growth will lead to higher inflationary pressures leading to more rate increases in 2006. The central bank may be looking for time before resuming tightening yet again. |
The number is much stronger than expected. It bodes well for the economy, and the growth momentum is getting reflected in the capital market. |
The rapid growth in loans and prices of assets such as real estate and stocks is a concern. The central bank may raise interest rates. It's better to err on the side of caution. |