Page 7 - Gdp Forecast

Morgan Stanley cuts India's FY23 GDP forecast to 7.2%

It sees downside risks emanating from a weaker than expected global growth trend, supply-side-driven commodity price shock and faster than warranted tightening of financial conditions

Goal of $5 trn GDP appears to be case of 'shifting goalposts': Chidambaram

The original target year was 2023-24, the former finance minister said, adding that, "We are nowhere near that goalpost"

German central bank lowers GDP growth forecast for 2022 to 1.9% from 4.2%

The Deutsche Bundesbank, Germany's central bank, lowered its growth forecast for the country's GDP to 1.9 per cent in 2022 from its previous projection of 4.2 per cent growth in December last year

IMF may lower India's GDP growth projection for 2022 to below 8.2%

The IMF had cut India's gross domestic product (GDP) growth projection for 2022 to 8.2 per cent from 9 per cent in its World Economic Outlook report in April

India Q4 GDP: Inflation may have slowed down growth to just 4%, says poll

A Reuters poll predicts India's FY22 GDP growth rate at 8.9 per cent while a Bloomberg survey suggest a growth rate of 8.7 per cent

Taiwan revises down 2022 GDP growth forecast hit by Covid, inflation

Gross domestic product (GDP) is expected to rise 3.91% this year, the Directorate General of Budget, Accounting and Statistics said, down from 4.42% growth forecast in February.

Moody's cuts CY22 India GDP growth forecast to 8.8% amid rising inflation

Says rise in crude, food, and fertiliser prices will weigh on household spending

Russia forecasts 7.8% GDP contraction in 2022; unemployment rate at 6.7%

The Russian Ministry of Economic Development said that it expected the country's gross domestic product (GDP) to decease by 7.8 per cent year on year in 2022.

IMF slashes India's FY23 GDP growth forecast to 8.2%

The IMF's projection of India's retail inflation is now at 6.1 per cent, higher than the Reserve Bank of India's (RBI's) forecast of 5.7 per cent

IMF likely to slash FY23 GDP growth forecast for India to 8-8.3%

Its FY23 projection would still be better than many

Engineering exports may sustain growth momentum despite challenges: EEPC

EEPC chairman also stated that volatility in commodity prices, supply chain disruptions and a possible change in world political order would certainly have an impact on trade and the economy.

India Ratings slashes India's FY23 GDP forecast to 7%-7.2% from 7.6%

Ind-Ra's India GDP forecast cut comes a day after ICRA Ltd cut its FY23 growth forecast to 7.2 percent from 8 percent

India Ratings revise its FY23 GDP growth forecast downwards to 7-7.2%

Ratings agency India Ratings and Research (Ind-Ra) on Wednesday revised India's FY23 forecast downwards to 7-7.2 per cent.

Morgan Stanley cuts India GDP growth forecast to 7.9% for FY23

As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India's GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 per cent

Inflation expected to average 5.4% in FY23, says CRISIL's DK Joshi

In an exclusive interaction with Arup Roychoudhury, CRISIL Chief Economist D K Joshi said the spike in commodity prices due to the war in Europe would impact household inflation. Listen in

Centre's GDP deflator forecast for FY23 is 3-3.5%: FM Nirmala Sitharaman

Based on Sitharaman's statement, the finance ministry's own real GDP projection is closer to that of the Reserve Bank of India

Economic Survey forecasts 8%-8.5% GDP growth for FY23 ahead of Budget

Govt finances to witness consolidation in 2021-22, after uptick in deficit and debt indicators during pandemic year FY21, says Eco Survey

Omicron effect: IMF cuts India's GDP forecast for FY22 to 9% from 9.5%

On a calendar year basis, it projected India's GDP growth at 8.7 per cent in 2022 and 6.6 per cent in 2023

Citigroup revises India GDP forecast down by 80 bps to 9% for FY22

It says the economic impact of the Omicron wave in the fourth quarter could be lower than in previous waves, but activity momentum in the third quarter was much lower than expected

India's real GDP likely to maintain 9% growth rate in FY22, FY23: Report

The Indian economy grew at 8.4 per cent in the second quarter of the current fiscal, as against a growth of 20.1 per cent in the April-June quarter