OECD Raises India's FY27 Growth Forecast to 7.1% in Its September 2026 Interim Outlook

The OECD sharply raised India's growth forecast in its Economic Outlook Interim Report, September 2026, subtitled 'Weathering Successive Shocks'. India's GDP growth for FY 2026-27 was revised up by 80 basis points to 7.1%, from the 6.3% projected in the June 2026 edition, and is expected to moderate to 6.5% in FY 2027-28 after 7.8% in FY 2025-26. The OECD credited resilient domestic demand and government measures that cushioned households and firms from higher energy prices. Indian inflation is projected to average 4.7% in FY27 and 4.2% in FY28, while global GDP growth is pegged at 2.9% in 2026.