ADB India Economic Outlook 2026: GDP and Inflation Forecasts
Why in the news
In July 2026 ADB lowered its FY27 growth estimate for India because costlier energy squeezes household spending.
Key facts
| Indicator | FY27 | FY28 |
|---|---|---|
| GDP growth | 6.6% (April: 6.9%) | 7.3%, no change |
| Inflation | 5.2% (earlier 4.5%) | 4.0%, no change |
- Higher inflation is attributed to costlier crude oil, a weaker rupee and sticky food prices.
About ADB
- Founded 1966; India is a founding member; headquarters in Manila.
- 69 members: 49 regional, 20 non-regional; president Masato Kanda.
Exam angle
- FY27 growth 6.6%; FY28 growth 7.3%.