Indian Rupee: GDP data to show resilience – DBS
DBS Group strategists Taimur Baig and Nathan Chow expect India’s 1QFY27 Gross Domestic Product (GDP) to confirm that the economy has weathered geopolitical disruptions better than initially feared.
DBS Group analysts Taimur Baig and Nathan Chow anticipate India's first quarter of 2027 GDP figures will demonstrate the economy's resilience amidst geopolitical challenges. Their assessment is based on robust consumption metrics, rising production, and sustained support from services and exports, despite the detrimental effects of muted wealth effects, decreasing fuel demand, and elevated energy costs on certain industries and the external balance.
The analysts predict GDP growth in Q1FY27 will indicate the economy weathered disruptions more effectively than initially anticipated.
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