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

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the opinion of FocusEconomics S.L.U. Views, forecasts or estimates are as of the date of the publication and are subject to change without notice. This report may provide addresses of, or contain hyperlinks to, other internet websites. FocusEconomics S.L.U. takes no responsibility for the contents of third party internet websites.

Date: October 24, 2016

Tags: 

Twitter @FocusEconomics

  • After years of chronic downturn, the Venezuelan economy appears set to shrink at a significantly softer rate this y… https://t.co/3rUhH4VTqO

    7 hours ago

  • Unemployment in Central America and the Caribbean soared last year as Covid-19 restrictions bit hard and vital tour… https://t.co/sTX41IBUG1

    1 day ago

  • The Colombian peso weakened notably against the U.S. dollar in early July, weighed on by social unrest and ongoing… https://t.co/PnDn2BKr54

    2 days ago

  • Latin America's economy should recover some of last year’s losses in 2021, thanks to the gradual removal of restric… https://t.co/QKvbvvKLsj

    3 days ago

  • Chile’s 2021 GDP growth projection has been raised once again. The upward revision was driven by a robust outturn f… https://t.co/5aKVvcwoSM

    4 days ago

Blog archive

Search form