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Macro - Country Economic Forecasts - India

Publisher Oxford Economics
Published Mar 18, 2025
Length 8 Pages
SKU # OFE19929284

Description

We forecast India's real GDP will grow by 6.7% in 2025, the same pace as 2024. In fiscal year terms, we expect 6.6% growth in FY2025/2026 (starting in April). After a weak third quarter, India's economic growth rebounded in Q4 2024. Real GDP rose 6.2% y/y, up from an upwardly revised 5.6% in Q3. But the pace of growth was still the second weakest in two years.

Table of Contents

8 Pages
India: Private investment is still lagging
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
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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