ADB lowers India's GDP growth forecast to 6.6% for FY27
after close1 source ↓written by the desknot a recommendation
- FY27
- 6.6%
- 6.9%
- remains unchanged
- 7.3%
The Asian Development Bank (ADB) has revised India's GDP growth projection for FY27 down to 6.6% from 6.9%, citing higher energy costs impacting domestic demand. The forecast for FY28 remains unchanged at 7.3%. This adjustment aligns with the Reserve Bank of India's recent outlook, reflecting ongoing economic challenges.
Not investment advice. For informational purposes only.