Global economic growth is expected to slow to 2.5% in 2026 before edging up to 2.8% in 2027, with India also set to "lose a step" amid a broader moderation in activity, according to a Moody's Analytics report released on Tuesday.
In its latest Global Outlook: Running Hot, Running Cold, Moody's Analytics said the global economy is entering a slower phase as geopolitical conflicts, trade disruptions and sticky inflation weigh on activity. While India is expected to remain among the world's fastest-growing major economies, the report noted that "India will lose a step, too."