India's GDP growth reached 7.8% in Q4 FY26, outperforming expectations on the back of strong private investment. Despite energy price headwinds, ANZ Research forecasts resilient growth and expects 50bp of rate hikes from the RBI.
Key Takeaways
- 1.India's GDP growth in Q4 FY26 was 7.8% y/y, driven by strong gross fixed capital formation growth of 10.8%.
- 2.The RBI has lowered its FY27 growth forecast to 6.6%, with ANZ analysts expecting 6.4% due to energy price shocks.
- 3.ANZ expects 50bp of rate hikes by the RBI, with the first 25bp hike expected in August 2026.
Table of Contents
- Authors
- Contact
- India: growth above expectations
- A great finish to FY26
- Bottom line
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Authors
Dhiraj NimKhoon Goh
Themes
Economic GrowthMonetary PolicyCapital Expenditure
Regions
Asia PacificIndia