In the view of the analysts at Barclays, India's GDP growth to reach central bank’s forecasts.
Key quotes
“Momentum in vaccination programme will need to be maintained.”
“Maintain base-case FY 2021-22 GDP growth forecast for India at 9.2% YoY.”
“Tracking Q1 FY2021-22 GDP for India to be around 19% YoY, which would be above current forecast of 14.9%.”
“Expect material acceleration in India’s vaccination rate in next few months, with about 35% of the population fully vaccinated by end-Oct.”
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