Macro - Country Economic Forecasts - India

Macro - Country Economic Forecasts - India

We maintain our below-consensus forecast for Indian economic growth of 4.8% in 2023. But we have revised our 2024 outlook down, to 6.3%, due to recent banking sector turmoil and the uncertainty that will have a lagged impact on the global economy.


India: inflation cools as the economy begins to slow
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Policy
politics

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