Economists warn of GDP growth risk from rising crude prices
pre-market1 source ↓written by the desknot a recommendation
- GDP growth
- 6.8-7.2%
- If prices exceed
- $100 per barrel
- lower
- 70 bps
A surge in crude oil prices due to geopolitical tensions could reduce India's GDP growth by over 50 bps in FY27. Current forecasts estimate real GDP growth at 6.8-7.2%. If prices exceed $100 per barrel, the impact could worsen to 70 bps lower, highlighting India's vulnerability as a major oil importer.
Not investment advice. For informational purposes only.