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ReportAsian Development Outlook (ADO) December 2025: Growth Steadies But Uncertainty Lingers
PublisherAsian Development Bank (ADB)
India's GDP GrowthFY26: Upgraded to 7.2% (+70 bps from earlier 6.5%)
FY27: Retained at 6.5%
Key Factors for IndiaStrong private consumption, higher GST efficiencies, strengthened agricultural output, policy reforms
India's Q2 FY26 Growth8.2% (driven by robust domestic consumption and GST reforms)
India's InflationFY26: Revised down to 2.6% (from 3.1%)
FY27: Projected at 4.2% (aligned with RBI's target range)
Reasons for Lower InflationGST rate reductions, declining food price inflation, healthy agricultural yields, favorable weather
Developing Asia GrowthCY25: Upgraded to 5.1% (from 4.8%)
CY26: Increased to 4.6% (from 4.5%)
Developing Asia InflationCY25: Revised down to 1.6% (from 1.7%)
CY26: Retained at 2.1%

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