Macro - Country Economic Forecasts - India
We have lowered our 2022 India GDP growth forecast to 6.9% from 7.3% and the 2023 forecast to 5.5% from 5.8%. The downgrades reflect the impact from higher inflationary pressures, less accommodative monetary conditions, and the significant deterioration in China's economic outlook. In addition to worsening global stagflationary stresses, China's lockdowns will likely have a direct negative impact on India's manufacturing given that several industries rely mainly on China for intermediate inputs.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook