India's CAD projected at 1% in FY26 amid lower oil prices
after close1 source ↓written by the desknot a recommendation
- in FY26
- 1% of GDP
India's current account deficit (CAD) is expected to stabilize around 1% of GDP in FY26, driven by lower oil prices and robust services exports. The Union Bank of India's report highlights that easing commodity prices will support trade dynamics, with oil prices anticipated to remain bearish due to ample supply and softening demand.
This outlook suggests a potential moderation in the trade deficit, positively impacting India's external sector stability.
Not investment advice. For informational purposes only.