Note: Tails of the distribution are not presented in the chart. The Reserve Bank has been conducting its survey of professional forecasters since the second quarter of 2007-08. Economy may contract by 1.5% in FY21: RBI surveys. The MAS Survey of Professional Forecasters provides a summary of forecasts of Singapore's key economic indicators by economists and analysts. Real private final consumption expenditure (PFCE) is expected to decline by 0.5 per cent during 2020-21 but likely to record 6.9 per cent growth next fiscal, the survey said. An RBI survey of professional forecasters puts FY21 credit growth at 5%. The Survey of Professional Forecasters is conducted bi-monthly as against quarterly from 28th Round Oct 09, 2020 Survey of Professional Forecasters on Macroeconomic Indicators– Results of … The Survey of Professional Forecasters is conducted bi-monthly as against quarterly from 28th Round, Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 66th Round, Survey of Professional Forecasters on Macroeconomic Indicators – Results of the 65th Round, Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 64th Round, Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 63rd Round, Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 62nd Round, Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 67th Round. Real gross domestic product (GDP) is likely to contract by 1.5% in 2020-21 but is expected to revert to growth terrain next year, when it is Survey of Professional Forecasters on Macroeconomic Indicators represents views of independent professional forecasters on major macroeconomic indicators of short term to medium term economic developments. Apr 01, 2014; Results of the Survey of Professional Forecasters on Macroeconomic Indicators – 27th Round (Q4:2013-14) ... Reserve Bank of India: The survey also said the real GDP is likely to contract by 1.5 per cent in 2020-21. Further, households’ median inflation perception increased by 60 basis points in July 2020 as compared with the May 2020 survey round, another RBI survey on inflation said. Respondents to the Survey of Professional Forecasters are experts employed by financial or non-financial institutions, such as economic research institutions. The consumer price inflation was 2.99 per cent in April. It is conducted four times a year, in January, April, July and October. Read more about Outlook brightens: RBI survey on Business Standard. (end-period), Yield on 91-day T-Bill of Central Govt. The survey also requires forecasters to assign probabilities to … One-Year-Ahead and 10-Year-Ahead Inflation Forecasts from the Survey of Professional Forecasters (39 KB; last update: November 16, 2020); Additional 10-Year-Ahead Inflation Forecasts from Other Sources (38 KB; last update: November 16, 2020) Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site. The responses for the latest round of the survey (64th round) were received during May 7-28, 2020 2, wherein twenty-four panellists participated.The survey results are presented in terms of median forecasts (), along with quarterly paths for key variables. The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. Annual Forecasts for 2018-19 Forecasts of real GDP growth for 2018-19 remained unchanged at 7.4 per cent during the survey According to the forecasters, retail inflation is expected to gradually rise to 5 per cent by the fourth quarter of 2017-18. NSE Gainer-Large Cap . While the respondents expect a positive turn-around in the next one year, the continuing uncertainty might dampen these expectations unless structural changes are made to address the issues that are continuing for more than a year now. The survey results are summarised in terms of median of their forecasts and consolidated in Annex 1-7, along with quarterly paths for key variables. CPI inflation excluding food and beverages, pan, tobacco and intoxicants and fuel and light is expected to remain in the range 4.0 – 4.4 per cent till Q3:2020-21. Growth in real gross fixed capital formation (GFCF) is likely to moderate to 2.3 per cent in 2019-20 from 9.8 per cent in 2018-19, but improve thereafter to 5.3 per cent in 2020-21. The Reserve Bank has been conducting its survey of professional forecasters since the second quarter of 2007-08. Faced with large rupee volatility, RBI stepped in on July 15 with various measures with a view to restore forex stability. ARTICLE RBI Bulletin November 2019 17 Changes in Macroeconomic Perceptions: Evidence from the Survey of Professional Forecasters III.1. Consumer price inflation is expected at 6.3 per cent in Q4:2019-20 and moderate thereafter. Survey of Professional Forecasters - Results Quarterly Order Books, Inventories and Capacity Utilisation Survey Quarterly Industrial Outlook Survey The Indian rupee is likely to remain range bound within ₹ 71.50 - ₹ 72.00 per US Dollar till Q3:2020-21 (Annex 3). We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy. Table 1: Median Forecast of Growth in GDP, GVA and Components, CPI Combined excluding Food and Beverages, Pan, Tobacco and Intoxicants and Fuel and Light, CPI Combined excluding food and beverages, pan, tobacco and intoxicants and fuel and light, GDP at constant (2011-12) prices: Annual Growth (per cent), Private Final Consumption Expenditure (PFCE) at constant (2011-12) prices: Annual Growth (per cent), Gross Fixed Capital Formation (GFCF) at constant (2011-12) prices: Annual Growth (per cent), Private Final Consumption Expenditure (PFCE) at current prices: Annual Growth (per cent), Gross Capital Formation (GCF) Rate (per cent of GDP at current market prices), GVA at constant (2011-12) prices: Annual Growth (per cent), Agriculture & Allied Activities at constant (2011-12) prices: Annual Growth (per cent), Industry at constant (2011-12) prices: Annual Growth (per cent), Services at constant (2011-12) prices: Annual Growth (per cent), Gross Saving Rate (per cent of Gross National Disposable Income) - at current prices, Fiscal Deficit of Central Govt. In this regard, the Survey of Professional Forecasters (SPF), mostly conducted by the central banks across the globe, provides an important input towards the expectation of future path of the economy. Nevertheless, they expect consolidation with higher saving and growth It has also released its survey of professional forecasters on the outlook in respect of gross domestic product (GDP) growth and inflation. The responses for the latest round of the survey (64th round) were received during May 7-28, 2020 2, wherein twenty-four panellists … The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge. April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. This round of the survey (62nd round) was conducted during January 20202, wherein forty panellists participated. The data set is in Excel format. Since professional forecasters generally monitor multiple domestic and global parameters, it is perceived that they can give forward looking views with better precision. MAS Survey of Professional Forecasters: March 2020 3 Monetary Authority of Singapore Economic Policy Group As reflected by the mean probability distribution, the most likely outcome is for the Singapore economy to grow by between 0.0 and 0.9% this year, with a 52.2% average probability assigned to this range. Professional forecasters expect real GDP growth to improve in 2020-21 after moderation in 2019-20. Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank. ), Merchandise Imports - BoP basis (in US$ bn. All Rights Reserved. Benchmarks . The ECB Survey of Professional Forecasters – 5First quarter of 2020 Respondents reported perceptions of reduced overall uncertainty, but considered that the balance of risks remains to the downside. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge. © Reserve Bank of India. The ECB Survey of Professional Forecasters –Fourth quarter of 2020 1 Contents Summary 2 1 Shorter-term HICP inflation expectations largely unchanged 4 2 Longer-term inflation expectations broadly unchanged 7 3 Real GDP growth expectations revised towards a slightly milder 1 The results of the previous survey round were released on December 5, 2019 on the Reserve Bank’s website. The Survey of Professional Forecasters (SPF) is a quarterly survey of macroeconomic forecasts for the economy of the United States issued by the Federal Reserve Bank of Philadelphia.It is the oldest such survey in the United States. Inflation will be better than the Reserve Bank of India's own expectations by the end of December, says a survey of professional forecasters carried out … In their responses to a special topical question on the issue2, SPF respondents indicated that overall uncertainty has decreased mainly reflecting developments in the United Kingdom and Further, households’ median inflation perception increased by 60 basis points in July 2020 as compared with the May 2020 survey round, another RBI survey on inflation said. Survey of monetary analysts (SMA) ECB survey of professional forecasters (SPF) Bank lending survey (BLS) Survey on the access to finance of enterprises (SAFE) Household finance and consumption survey (HFCS) Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD) The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. With this makeover, we also take a small step into social media. ARTICLE 74 RBI Monthly Bulletin December 2013 Survey of Professional Forecasters are generally collected for two fi nancial years, while quarterly indicators are collected for four quarters ahead along with the current quarter. Welcome to the refurbished site of the Reserve Bank of India. The Survey of Professional Forecasters is the oldest quarterly survey of macroeconomic forecasts in the United States. Reserve Bank of India - Publications. The survey began in 1968 and was conducted by the American Statistical Association and the National Bureau of Economic Research. Consumer price inflation is expected at 6.3 per cent in Q4:2019-20 and moderate thereafter. Consumer Confidence Survey (CCS), Inflation Expectations Survey of Households (IESH), Survey of Professional Forecasters on Macroeconomic Indicators are conducted by Reserve Bank of India; 2 The Government of India has the sole right to mint coins. Survey of Professional Forecasters on Macroeconomic Indicators – Results of the 48 th Round 1----- Professional forecasters have moderated their growth expectation for 2017-18 and 2018-19 in view of tempered assessment of private consumption demand and industrial growth. This annex reports the results of the Bank’s most recent survey of external forecasters. On average, respondents expected four-quarter GDP growth to be broadly constant at between 1½% and 1¾% over the next three years (Chart A). (433 kb) Date : Jun 04, 2020. For this, banks will have to together lend at least ₹5 trln in the rest of this fiscal; India’s policymakers are hoping for an economic recovery, poised on the shoulders of credit and are pushing banks to loosen up and take risks. Consumer confidence collapsed with the current situation index falling from 115.2 in March to 97.9 in May, the lowest level since March 2014, the RBI’s survey of professional forecasters on macroeconomic indicators said. Detailed probability distributions are given in Annex 7. Note: Tails of the distribution are not presented in the chart. Real gross value added (GVA) is expected to grow by 4.8 per cent in 2019-20 and by 5.7 per cent in 2020-21, supported by an uptick in industrial and services sector activities. The SPF panellists are drawn from both financial and non-financial institutions, which have established research set up and bring out regular updates on the Indian economy. 1 Survey of Professional Forecasters: Instructions for Panelists . RBI has been conducting the survey since September 2007 on a quarterly basis and on a bi-monthly basis since June 2014. The Reserve Bank of India today released on its website the results of quarterly Survey of Professional Forecasters on major macroeconomic indicators of short to medium term economic developments.The survey round relates to the first quarter of 2011-12, that is, April-June 2011. Survey of Professional Forecasters. Survey of Professional Forecasters on Macroeconomic Indicators represents views of independent professional forecasters on major macroeconomic indicators of short term to medium term economic developments. Twenty eight panellists participated in the 52nd round of the survey conducted during May 2018 2. The Federal Reserve Bank of Philadelphia took over the survey … The results of this survey are summarised in Table 1. The RBI conducts a survey of professional forecasters once every two months. RBI conducted inflation survey covering 5,897 urban households in 18 cities in India in October-November. ), Rupee – US Dollar Exchange rate (RBI reference rate) (end-period), Crude Oil (Indian basket) price (US $ per barrel) (end-period), Gross Fixed Capital Formation (GFCF) Rate (per cent of GDP at current market prices), Annex 4: Forecasts of CPI Combined Inflation. These forecasters are chosen from those organisations and institutions which have established research set-up and bring out regular updates on Indian economy. MAS Survey of Professional Forecasters: June 2020 3 Monetary Authority of Singapore Economic Policy Group As reflected by the mean probability distribution, the most lik ely outcome is for the Singapore economy to shrink by 4.1 to 6.0% this year, with a … © Reserve Bank of India. Medium- and longterm -inflation Growth in merchandise exports and imports is expected to decline by 2.0 per cent and 5.8 per cent, respectively, during 2019-20; both are, however, expected to improve in the next year (Table 3). The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. The survey began in 1968 and was conducted by the American Statistical Association and the National Bureau of Economic Research. The Reserve Bank of India’s (RBI) latest Survey of Professional Forecasters (SPF) has revised the forecast for real gross domestic product (GDP) growth upwards for … Like other central banks, the RBI regularly conducts a survey of professional forecasters (SPF) wherein different professional forecasters give their individual projections for a set of macroeconomic indicators, including inflation. Data Sources and Descriptions . The survey includes an "anxious index" that estimates the probability of a decline in real GDP. Professional forecasters expect real GDP growth to improve in 2020-21 after moderation in 2019-20. It may be helpful to read the documentation listed below before accessing the data. Sitemap | Disclaimer The survey of professional Forecasters (SPF), another forward looking exercise, indicated India’s Real gross domestic product (GDP) is likely to contract by 8.5 per cent in 2020-21 (. The site can be accessed through most browsers and devices; it also meets accessibility standards. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – … 2 The results presented here represent the views of the respondent forecasters and in no way reflect the views or forecasts of the Reserve Bank. RBI Bulletin November 2015 15 Survey of Professional Forecasters: Projections for 2015-16 and 2016-17 consumption and other decision making process. The Survey of Professional Forecasters is the oldest quarterly survey of macroeconomic forecasts in the United States. The Bank also acknowledges the contribution of eighteen others SPF panellists, who prefer to remain anonymous. The Survey of Professional Forecasters is conducted bi-monthly as against quarterly from 28th Round. From 2014-15, the survey The Reserve Bank thanks the following panellists for their participation in this round of the Survey of Professional Forecasters (SPF): Anagha Deodhar (ICICI Securities); Abhishek Gupta (Bloomberg Economics); Aditi Nayar (ICRA Limited); Citigroup Global Markets Pvt. The responses for he latestt round of the survey (65th round) were received during July 6-27, 2020 2, wherin ethirty-two panellists participated. The survey results are presented in terms of median forecasts ( Annex 1-7 ), along with quarterly paths for key variables. The Reserve Bank has been conducting the Survey of … Read more about Reserve Bank Survey of Professional Forecasters Expects GDP To Contract By 1.5% In 2020-21 on Business Standard. The responses for the latest round of the survey (65th round) were received during July 6-27, 2020 2, wherein thirty-two panellists participated. The site can be accessed through most browsers and devices; it also meets accessibility standards. Nifty 12,968.95-18.05. The survey of professional Forecasters (SPF), another forward looking exercise, indicated India’s Real gross domestic product (GDP) is likely to contract by 8.5 per cent in 2020-21 (. The Reserve Bank has been conducting its survey of professional forecasters since the second quarter of 2007-08. The economic growth forecast has been slashed to 6 per cent from 6.5 per cent for the current fiscal, according to a RBI survey among professional forecasters. The survey of professional forecasters (SPF), another forward-looking exercise, indicated India’s real gross domestic product (GDP) is likely to contract 8.5 per cent in 2020-21 (the economy will likely recover in 2021-22 to grow at 9.5 per cent). The responses for the latestround of the survey (64th round) were received during May 7-28, 2020 2, wherein twenty-four panellists participated. The SPF panellists are drawn from both financial and non-financial institutions, which have established research set up and bring out regular updates on the Indian economy. Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank. All Rights Reserved. Most forecasters have assigned the highest probability to real GDP growth in the range of 4.5-4.9 per cent in 2019-20 and 5.5-5.9 per cent in 2020-21 (Chart 1). RBI has been conducting the survey since September 2007 on a quarterly basis and on a bi-monthly basis since June 2014. The RBI's survey of professional forecasters lowered its growth forecast for the fiscal year that started in April to 5.7 percent from 6.0 percent in its previous survey. The current account deficit is expected at 1.2 per cent (of GDP at current market prices) in 2019-20 and at 1.5 per cent in 2020-21. Forecasters have assigned the highest probability to CPI inflation in the range of 6.0-6.4 per cent for Q4:2019-20; 5.0-5.4 per cent for Q1:2020-21 and Q2:2020-21; and 3.5-3.9 per cent for Q3:2020-21 (. Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 46. th . The Federal Reserve Bank of Philadelphia took over the survey in 1990. Sep 2020 (767.3 KB) (Latest) Introducing: the survey of professional forecasters - CORE Reader We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy. The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. Note: CPI: Consumer Price Index; GDP: Gross Domestic Products; GNDI: Gross National Disposable Income; GVA: Gross Value Added; IIP: Index of Industrial Production; WPI: Wholesale Price Index. The survey is conducted quarterly following the release of economic data for the previous quarter by the Ministry of Trade and Industry. Welcome to the refurbished site of the Reserve Bank of India. The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. Reserve Bank released the responses from the latest round of the Survey of Professional Forecasters (SPF). (455 kb) Date : Feb 06, 2020. Real gross domestic product (GDP) is likely to grow by 5.0 per cent in 2019-20 and by 5.9 per cent in 2020-21 (Table 1). The RBI’s inflation survey covered 5,897 urban households in 18 cities in India in October-November. With this makeover, we also take a small step into social media. The Reserve Bank of India (RBI) has been conducting the SPF since September 2007 at quarterly intervals upto March 2014. Annual Survey of Industries is conducted by CSO while other three survey viz. The RBI has been conducting the Survey of Professional Forecasters (SPF) since September 2007 and the latest (46th round) was conducted during May 2017. PerformanceGurus Staff The Reserve Bank has been conducting the Survey of Professional Forecasters since September 2007. Real private final consumption expenditure (PFCE) is expected to grow by 4.9 per cent during 2019-20 and by 6.1 per cent during 2020-21. The RBI’s survey of professional forecasters said real GDP is likely to contract by 5.8 per cent in 2020-21. The survey, however, said that GDP is expected to revert to growth terrain next year, when it is likely to grow by 7.2 per cent. The survey results are summarised in terms of their median forecasts and consolidated in Annexes 1-8, along with quarterly paths for key variables. All Rights Reserved. "Real gross domestic product (GDP) is likely to contract by 1.5 per cent in 2020-21 but is expected to revert to growth terrain next year, when it is likely to grow by 7.2 per cent," said the Survey of Professional Forecasters (SPF) sponsored by the RBI. PerformanceGurus Staff The Reserve Bank has been conducting the Survey of Professional Forecasters since September 2007. Survey Results. Ltd.; CRISIL Ltd; Debopam Chaudhuri (Piramal Enterprises Limited); Devendra Kumar Pant (India Ratings and Research); Edelweiss Professional Investor Research; Gaurav Kapur (IndusInd Bank Limited); ICICI Securities Primary Dealership; Indranil Pan (IDFC FIRST Bank Ltd); Nikhil Gupta (Motilal Oswal Financial Services Ltd.); PHD Chamber of Commerce and Industry; Pinaki M. Mukherjee (Maruti Suzuki); Rini Sen and Sanjay Mathur (ANZ Banking Group Ltd); Sameer Narang (Bank of Baroda); Shailesh Kejariwal (B&K Securities India Pvt Ltd); Siddharth Kothari (Sunidhi Securities & Finance Limited); Sujit Kumar (Union Bank of India); TAC Economics; Tirthankar Patnaik (National Stock Exchange) and Upasna Bhardwaj (Kotak Mahindra Bank). A RBI-sponsored survey of professional forecasters said retail inflation is expected to increase in the fourth quarter and thereafter moderate to 5.2 per cent in the second quarter of FY17. Forecasters cut GDP forecast to 6 pc this fiscal in RBI survey 16 Nov, 2009, 10.04 PM IST. IGL 496.40 48.25. As per the Survey of Professional Forecasters on macro-Economic Indicators, the real GDP is likely to contract by 5.8 % for 2020-21. Detailed probability distributions are given in Annex 6. The RBI’s inflation survey covered 5,897 urban households in 18 cities in India in October-November. The RBI’s survey of professional forecasters said real GDP is likely to contract by 5.8 per cent in 2020-21. Round. this regard, the Survey of Professional Forecasters (SPF), mostly conducted by the central banks across the globe, provides an important input towards the expectation of future path of the economy. The survey asks around 40 forecasters in India The survey began in January 1999 and as such is the longest-running survey of euro area macroeconomic expectations. inflation is expected CPI to gradually rise to 5.0 per cent by Q4:2017-18. This document provides instructions for the survey’s panelists on the variables currently included in the Survey of Professional Forecasters, the current definitions of the variables, and any current Twenty seven professional forecasters participated in the latest survey round conducted in May […] (per cent of GDP at current market prices), Combined Gross Fiscal Deficit (per cent to GDP at current market prices), Bank Credit of Scheduled commercial banks: Annual Growth (per cent), Yield on 10-Year G-Sec of Central Govt. Reserve Bank of India - Publications. Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 62nd Round. Survey of Professional Forecasters. Survey of Professional Forecasters on Macroeconomic Indicators– Results of the 64th Round. Individual Forecasts for the Survey of Professional Forecasters Surveys 1968:4–present* (5.2 MB; last update: November 16, 2020) Caveats on Identification Numbers for Individual Forecasts (11 KB, 1 page) Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site. Consumer Confidence Survey (CCS), Inflation Expectations Survey of Households (IESH), Survey of Professional Forecasters on Macroeconomic Indicators are conducted by Reserve Bank of India; 2 The Government of India has the sole right to mint coins. Against this backdrop, this paper empirically examines the performance of the forecast combination approach for inflation over individual models, the benchmark random walk model, and the median/mean forecasts of inflation from the Survey of Professional Forecasters (SPF) conducted by the RBI. RBI conducted inflation survey covering 5,897 urban households in 18 cities in India in October-November. The results of the survey represent views of the respondent forecasters and in no way reflect the views or forecasts of the Reserve Bank of India. 1----- The Indian economy would consolidate graduallygrowth in 2017-18 and 2018-19, according to the 28 forecasters surveyed by the Reserve Bank. The Reserve Bank has been conducting the Survey of Professional Forecasters (SPF) since September 2007. Headline consumer price index (CPI) inflation is expected to rise to 6.3 per cent in Q4:2019-20, but moderate thereafter to 3.8 per cent by Q3:2020-21 (Table 2). Annual Survey of Industries is conducted by CSO while other three survey viz. Despite the weak monsoons, the Indian economy is expected to grow faster than earlier estimates, a survey of professional forecasters conducted by the Reserve Bank of India revealed. (end-period), Merchandise Exports (BoP basis in US$ terms): Annual Growth (per cent), Merchandise Imports (BoP basis in US$ terms): Annual Growth (per cent), Current Account Balance (per cent to GDP at current market prices), Inflation based on CPI Combined: Headline, Inflation based on CPI Combined: excluding Food and Beverages, Pan, Tobacco and Intoxicants and Fuel and Light, Inflation based on WPI: Non-food Manufactured Products, PFCE at constant (2011-12) prices: Y-o-Y Growth (per cent), GFCF at constant (2011-12) prices: Y-o-Y Growth (per cent), PFCE at current prices: Y-on-Y Growth (per cent), GFCF Rate (per cent of GDP at current market prices), Agriculture & Allied Activities (growth rate in per cent), IIP (2011-12=100): Quarterly Average Growth (per cent), Merchandise Exports - BoP basis (in US$ bn. Last Updated: August 9, 2018 . The Reserve Bank has been conducting Survey of Professional Forecasters (SPF) since September 2007 at quarterly interval. The results of the survey represent views of the respondent forecasters and in no way reflect the views or forecasts of the Reserve Bank of India. The RBI has been conducting the Survey of Professional Forecasters (SPF) since September 2007 and the latest (46th round) was conducted during May 2017. The ECB Survey of Professional Forecasters – Second quarter of 2020 4 1 The coronavirus – respondents’ assumptions, baselines and risks surrounding its economic impact When answeringa special question on the economic impact of the coronavirus,2 it appeared that, on average, respondents expected strict restrictions to remain in place © Reserve Bank of India.

survey of professional forecasters rbi

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