{"id":301844,"date":"2025-07-29T18:17:10","date_gmt":"2025-07-29T18:17:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/301844\/"},"modified":"2025-07-29T18:17:10","modified_gmt":"2025-07-29T18:17:10","slug":"india-worlds-fastest-growing-major-economy-imf-upgrades-2025-global-growth-lifted-to-3-1-in-2026","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/301844\/","title":{"rendered":"India world\u2019s fastest-growing major economy: IMF upgrades 2025 &#038; 2026 growth forecast to 6.4%; global growth lifted to 3.1% in 2026"},"content":{"rendered":"<p> <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/122981456.jpg\" alt=\"India world\u2019s fastest-growing major economy: IMF upgrades 2025 &amp; 2026 growth forecast to 6.4%; global growth lifted to 3.1% in 2026\" decoding=\"async\" fetchpriority=\"high\"\/> The International Monetary Fund (IMF) has revised its forecast for India\u2019s economic growth to 6.4% for both 2025 and 2026 \u2014 up from 6.2% and 6.3%, respectively, projected in its April 2025 World Economic Outlook \u2014 reaffirming India\u2019s position as the world\u2019s fastest-growing major economy. The IMF also modestly raised its global growth outlook to 3.0% in 2025 and 3.1% in 2026, citing lower-than-expected impact from tariffs, a weaker US dollar, and improved financial conditions.The updated World Economic Outlook (WEO), released Tuesday, noted that \u201cgrowth in India is projected to be 6.4 percent in 2025 and 2026, with both numbers revised slightly upward, reflecting a more benign external environment than assumed in the April reference forecast.\u201dIn comparison, China is forecast to grow at 4.8% in 2025 and 4.2% in 2026, while the US is expected to expand 1.9% in 2025 and 2.0% in 2026, with a temporary boost from the One Big Beautiful Bill Act fiscal package.While global growth remains below the pre-pandemic average of 3.7%, the IMF attributes the upward revision to \u201cstronger-than-expected front-loading in anticipation of higher tariffs; lower average effective US tariff rates than announced in April; an improvement in financial conditions, including due to a weaker US dollar; and fiscal expansion in some major jurisdictions.\u201dThe agency warned, however, that risks are still tilted to the downside. \u201cA rebound in effective tariff rates could lead to weaker growth&#8230; Elevated uncertainty could start weighing more heavily on activity, also as deadlines for additional tariffs expire without progress on substantial, permanent agreements,\u201d it said.On inflation, the IMF expects global headline inflation to fall to 4.2% in 2025 and 3.6% in 2026, with sharp variations across countries. \u201cInflation will remain above target in the United States and be more subdued in other large economies,\u201d the report said.The report added that \u201cglobal trade volume is revised upward by 0.9 percentage point for 2025 and downward by 0.6 percentage point for 2026\u201d, indicating that recent gains from tariff front-loading may taper off.Among large emerging economies, India, China and Indonesia remain standout performers, with the IMF crediting India\u2019s gains partly to external stability. For India, projections are based on the calendar year, with the agency noting that \u201cIndia\u2019s growth projections are 6.7 percent for 2025 and 6.4 percent for 2026 based on fiscal year data.\u201dOn the upside, the IMF said the global economy could gain further if \u201ctrade negotiations lead to a predictable framework and to a decline in tariffs. Policies need to bring confidence, predictability, and sustainability by calming tensions, preserving price and financial stability, restoring fiscal buffers, and implementing much-needed structural reforms.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The International Monetary Fund (IMF) has revised its forecast for India\u2019s economic growth to 6.4% for both 2025&hellip;\n","protected":false},"author":2,"featured_media":301845,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,111445,29037,111446,111447,72478,16,15],"class_list":{"0":"post-301844","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-imf-economic-growth-forecast-india","11":"tag-imf-world-economic-outlook","12":"tag-india-economic-growth-2025-2026","13":"tag-india-economic-outlook-weo","14":"tag-india-fastest-growing-economy","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114937898464738231","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/301844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=301844"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/301844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/301845"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=301844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=301844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=301844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}