India's economic growth downgraded amid energy supply issues
after close1 source ↓written by the desknot a recommendation
- revised
- 6.9%
- due
- 7.2%
- in March
- 53.8
- in February
- 56.9
India's economic growth forecast for FY2027 has been revised down to 6.9% from 7.2% due to energy supply disruptions. The Flash Manufacturing PMI fell to 53.8 in March, down from 56.9 in February, indicating a slowdown in industrial production. Geopolitical tensions are impacting energy resources like LNG and LPG, affecting logistics and exports.
Not investment advice. For informational purposes only.