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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Fiscal Year GDP Growth climbed to 7.7% in June 2026
FMPQuarterlyReleased June 2026
India Fiscal Year GDP Growth climbed to 7.7% in June 2026, up 0.6% from May's 7.1% reading. The reading matched the 7.6% consensus. Fiscal Year GDP Growth has now risen for 3 consecutive months. Fiscal Year GDP Growth is now the highest in 17 months.
Latest Release
7.7
Actual
7.6
Consensus
7.1
Previous
Median Absolute Error
±0.15 percentage points
across last 9 releases
Last Call
Jun 2026
Predicted: 7.6
Actual: 7.7
Error: -0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/INR | ▼ Inverse | −0.50 | FOREX | Bullish INR | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Fiscal Year GDP Growth (India) was reported at 7.7% in June 2026. This beat the market consensus of 7.6% by 0.1%. The reading rose from the previous value of 7.1%. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 7.57%, up from the prior three at 7.03%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/INR (Bullish INR). A secondary relationship exists with XAU/USD, positively correlated (Watch). Over the last 9 releases, the Sigmacast model's median absolute error is 0.15%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include MPC Meeting Minutes (Jun 19) and Monetary Policy Meeting Minutes (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Fiscal Year GDP Growth - IN
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About Fiscal Year GDP Growth — India
DEFINITION
Fiscal Year GDP Growth is a key financial indicator that measures the annual percentage change in a country's gross domestic product (GDP) over a fiscal year. It provides valuable insights into the overall economic performance of a country and is used by policymakers, investors, and businesses to assess the health of the economy and make informed decisions. A positive growth in fiscal year GDP indicates a thriving economy, while a negative growth may signal a slowdown or recession. This indicator is closely monitored and analyzed to understand the current and future economic trends and inform financial strategies.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 7.7 %, consensus 7.6 %. Prior reading (Feb 2026): 7.6 %. Before that (Jan 2026): 7.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/INR (Bullish INR, r=-0.50) — a useful reference for forex-focused traders.