Considerable downside risk to FY27 GDP growth forecast
pre-market1 source ↓written by the desknot a recommendation
- for FY27 due
- 7-7.4%
Chief Economic Advisor V Anantha Nageswaran has indicated a considerable downside risk to the GDP growth forecast of 7-7.4% for FY27 due to ongoing geopolitical tensions in West Asia. He noted that spending priorities may need to shift to support those most affected by the conflict. High-frequency data in April and May will provide clearer insights into growth prospects.
Not investment advice. For informational purposes only.