Moody's raises India fiscal 2027 GDP growth forecast to 7%
Moody's has raised its GDP growth forecast for India for fiscal 2027 to 7%, citing West Asia-related resilience. The ratings agency cautioned that elevated energy prices and El Nino-related food price pressures pose risks to inflation, consumption and growth. The upgrade signals continued confidence in India's growth trajectory even as external and weather-linked risks cloud the near-term outlook.
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Rating-agency growth forecasts for India feed economy and current-affairs questions.
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- Moody's raised India's fiscal 2027 GDP growth forecast to 7%.
- It flagged elevated energy prices and El Nino food inflation as risks to growth.
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