Moody’s cuts India FY27 growth forecast to 6%
after close1 source ↓written by the desknot a recommendation
- growth estimate
- 6%
- 6.8%
- for FY27
- 4.8%
- in FY26
- 2.4%
Moody’s Ratings has revised India’s FY27 GDP growth estimate to 6% from 6.8%, citing risks from geopolitical tensions in West Asia. The agency warns that disruptions in crude oil and LPG supplies may lead to higher inflation and increased transport costs, projecting average inflation at 4.8% for FY27, up from 2.4% in FY26.
This downgrade could impact market sentiment, particularly in sectors reliant on energy and imports, as inflationary pressures may affect consumer spending and corporate margins.
Not investment advice. For informational purposes only.