Nomura: Hindistan'ın dönemsel yükselişi yavaşlama eğilimi sürebilir

Nomura Securities analysts stated that the current slowdown in India’s cyclical growth may continue for a while. In a report, they wrote that challenges such as declining demand in cities, tight monetary policy, and slowing nominal income growth will continue to drag on this fiscal year’s economic growth. They added that the economic data for October and November, especially consumption data, were mixed, indicating a potential weakening of the growth momentum. Given the weak economic growth and weak inflation, the Central Bank of India may start easing monetary policy in February. Nomura expects GDP growth rates for the fiscal years 2025 and 2026 to be 6.0% and 5.9%, respectively, lower than the Central Bank of India’s forecast of 6.6% and 7.1%, with downside risks.