Archive · 31 Aug 2026
India’s Q1 FY27 GDP Growth Faces Key Market Tests
India is preparing to publish figures showing how much its economy grew from April to June 2026.
This period is the first quarter of the financial year 2026-27.
Economists generally think the economy grew by more than 7 percent.
Some forecasts are lower, while others are as high as 8 percent.
People will check whether families continued spending money.
They will also see whether the government kept investing in infrastructure and construction.
Manufacturing and services are expected to provide important support.
Higher oil prices could make it harder for the economy to keep growing quickly.
India’s Q1 FY27 GDP estimates are scheduled for release on August 31, 2026, at 4 p.m.
Economists expect growth to remain above 7 percent, with forecasts ranging from 6.6 percent to 8 percent.
A Moneycontrol poll projects median growth of 7.3 percent, while a Reuters poll estimates 7.1 percent.
Private consumption, government investment, manufacturing, services and GVA will be key indicators to watch.
Higher crude oil prices could raise costs, increase inflationary pressure and affect the rupee.
- Who
- India’s Ministry of Statistics and Programme Implementation is scheduled to release the estimates; economists and investors are closely watching them.
- What
- The release of India’s gross domestic product estimates for the first quarter of FY27.
- When
- August 31, 2026, at 4 p.m.
- Where
- India.
- Why
- The data will indicate how the economy performed amid geopolitical tensions, higher crude oil prices and global trade uncertainty.
- Reporting quarter
- April-June 2026, the first quarter of FY27
- Scheduled release
- August 31, 2026, at 4 p.m.
- Moneycontrol median forecast
- 7.3 percent, based on a poll of 17 economists
- Reuters median forecast
- 7.1 percent, based on a poll of 58 economists
- Forecast range
- 6.6 percent to 8 percent
- Previous quarter growth
- 7.8 percent in the March 2026 quarter
- Estimated GVA growth
- Around 7.2 percent, according to economists surveyed by Reuters