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Economics2h 33m ago

Nomura cut its FY27 inflation forecast to 4.6% and expects the balance of payments to swing to a surplus of over $40 billion in FY27 from its previous estimate of a deficit of around $70 billion.

India

Who
Nomura
What
Nomura cut its FY27 inflation forecast to 4.6% and expects the balance of payments to swing to a surplus of over $40 billion in FY27 from its previous estimate of a deficit of around $70 billion.
When
Wed, 15 Jul 2026 05:43:48 GMT · 2h 33m ago
Where
India ·
Why
Inflation and trade deficit data surprised higher than expected.
The Frontline Impact

How this affects you

Nomura's revised forecasts indicate a potential shift in India's balance of payments towards a surplus, impacting economic outlook and potentially currency markets.

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