S&P Global expects India’s economic growth to slow to 6.6% in the fiscal year 2026–27 (FY27), according to reports citing the ratings and research firm. The outlook also indicates that inflation is projected to rise during the current fiscal year. One report highlights that inflation is forecast to move above 5% in the current fiscal period, suggesting higher price pressures as the economy continues to expand.

The forecasts point to a moderation in growth momentum compared with earlier performance, though the sources provided do not specify detailed causes such as changes in consumption, investment, exports, or policy settings. Both outlets attribute the growth estimate to S&P Global and frame the slowing trajectory alongside the expectation of higher inflation.

Overall, the coverage presents a consistent macroeconomic view: India’s FY27 growth rate is expected to soften to 6.6%, while inflation is expected to increase to above 5% in the current fiscal year.