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Nomura forecasts India's GDP growth to slide from 6.5% to 6.2% in FY26

2025-06-02 00:00:00.0 商业标准报-经济和政策原网页

India's real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday.

In a research report, Nomura said there is a "divergence" between the growth in GST collections and across other high-frequency growth indicators like auto sales and bank credit growth.

As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24.

The RBI sees growth sustaining at 6.5 per cent, the official data showed.

"Our baseline view assumes GDP growth moderates to 6.2

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