Nomura slashes India 2023 GDP forecast to 4.7% as it expects a growth slowdown - Economic Times


7/12/2022 12:00:00 AM2 years 9 months ago
by Anand JC

As worries of recession pick up across the world in an inflationary environment, analysts at Nomura have cut India's 2023 growth forecast to 4.7% from 5.4% earlier as it expects growth to slow down over the next year. For FY23, they see GDP growth at 7.0% and…

As worries of recession pick up across the world in an inflationary environment, analysts at Nomura have cut India's 2023 growth forecast to 4.7% from 5.4% earlier as it expects growth to slow down o… [+2621 chars]

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