Growth and inflation forecasts revised higher – UOB
UOB’s Jester Koh note they raise their FY27 Gross Domestic Product (GDP) forecast for India to 7.2% from 6.8% after a stronger-than-expected 1QFY27 expansion of 7.8% year-on-year. They also lift their FY27 headline inflation forecast to 5.2% from 5.0%, citing robust food price momentum, higher costs in services and energy, partly cushioned by subsidies and ample public foodgrain stocks….











