Current Affairs - Economy - Discussion

The RBI’s 101st Survey of Professional Forecasters, conducted in July 2026, projected India’s real GDP growth for FY27 at 6.6%. This was an upward revision from the earlier estimate of 6.5%, reflecting expectations of continued support from domestic demand, manufacturing, services, and exports. The survey also projected FY27 retail inflation at 5%, merchandise export growth at 7%, and a current account deficit of 1.4% of GDP. The RBI itself later raised its FY27 GDP growth forecast to 6.7%, which was 0.1 percentage point higher than the SPF estimate.