New Delhi, May 25: India’s GDP growth rate was estimated by the Organization for Economic Cooperation and Development (OECD) on Monday to be 7.6% for 2025–2026, 6.1% for 2026–2027, and 6.4% for 2027–2028. The country continues to be the fastest-growing major economy in the world. India’s GDP is expected to rise by 6.1% in 2026–2027, according to the OECD’s interim Economic Outlook report. The Middle East’s crisis is putting the world economy’s resilience to the test. Energy prices have increased and the worldwide supply of energy and other vital commodities, such fertilizers, has been affected due to the stoppage of shipments via the Strait of Hormuz and the closure and damage of some key facilities. Costs are increasing as a result, which is affecting demand and escalating inflationary pressures. According to the report, “China’s growth rate is expected to ease from 5.0% in 2025 to 4.4% in 2026 and 4.3% in 2027, as government consumer subsidies end, energy import prices move higher, adjustment in the real estate sector continues, and anti-involution measures weaken investment growth.”

By admin