India's GDP growth to moderate to 7% in 2024 & 6.5% in 2025: IMF
Millennium Post Delhi|October 23, 2024
WASHINGTON: India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, IMF said on Tuesday.
PTI

About the global economy, the IMF said the battle against inflation has largely been won, even though price pressures persist in some countries. After peaking at 9.4 per cent year over year in the third quarter of 2022, headline inflation rates are now projected to reach 3.5 per cent by the end of 2025, below the average level of 3.6 per cent between 2000 and 2019, it said.

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