IMF World Economic Outlook July 2026: India Growth at 6.4%
Why in the news
The IMF’s July 2026 WEO Update, subtitled “Global Economy in Crosscurrents of War and Technology”, nudged India’s FY27 growth call lower.
Key facts
- FY27 growth for India: 6.4%, a cut of 0.1 point from the April 2026 figure of 6.5%.
- FY28 was lifted to 6.7%; actual FY26 growth stood at 7.7%.
- World trade growth: 5.0% in 2025, easing to 3.5% in 2026.
| Global measure | 2026 | 2027 |
|---|---|---|
| Headline inflation | 4.7% | 3.9% |
| GDP growth | 3.0% | 3.4% |
| Trade growth | 3.5% | 4.3% |
About the WEO and IMF
- The WEO forecasts growth, inflation and trade; main editions in April and October, plus updates.
- IMF: set up in 1944 at Bretton Woods; HQ Washington, D.C.; 191 members; head Kristalina Georgieva.
Exam angle
- FY27 revised down, FY28 revised up.
- FY27 means 1 April 2026 to 31 March 2027.