How India's latest monsoon is affecting the economy

 

focuseconomics_india_economy.png

Click the image to open full-size infographic

"A stronger monsoon should drive up rural income and add to the already favorable tailwinds to consumption. Our panel raised their GDP forecast by 0.1 percentage points this month and now see the economy expanding 7.6% in FY 2016. For FY 2017, the panel sees growth stable at the robust pace of 7.6%." - Angela Bouzanis, India Senior Economist

Date: October 24, 2016

Tags: 

Twitter @FocusEconomics

Blog archive

Search form