UBS lowers India FY27 GDP growth forecast to 6.2%
pre-market1 source ↓written by the desknot a recommendation
- forecast
- 6.2%
- 6.7%
- expected to average
- $100 per barrel
UBS has revised India's FY27 GDP growth forecast down to 6.2% from 6.7%, citing the impact of rising crude oil prices and supply chain disruptions. The brokerage anticipates that the ongoing energy shock will negatively affect consumer sentiment and industrial growth, leading to a potential RBI rate hike in H2FY27.
• Indian crude oil basket expected to average $100 per barrel
• Weak monsoon and geopolitical tensions further complicate economic outlook
• Investment growth may slow due to rising input costs and uncertainty.
Not investment advice. For informational purposes only.