Loading page content
Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia GDP growth (annual %) climbed to 7.58 Percentage (%) in January 2023
World BankYearlyReleased January 2023
India GDP growth (annual %) climbed to 7.58 Percentage (%) in January 2023, up 0.59 Percentage (%) from December's 6.99 Percentage (%) reading.
Latest Release
7.58
Latest (2023)
6.99
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
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
India GDP Growth Rate (India) was reported at 7.80 Percent in March 2026. The reading fell from the previous value of 8.00 Percent. This is classified as a high-impact indicator released on a quarterly basis.
WHY IT MATTERS
The trailing three releases averaged 7.67 Percent, down from the prior three at 7.80 Percent.
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).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Jun 12) and CPI YoY (Jun 12).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
GDP growth (annual %) - IN
Loading chart data...
About GDP growth (annual %) — India
DEFINITION
India's GDP Growth Rate for May 2026 came in at 7.800000 percent, slightly below April's 8.000000 percent. The growth rate held steady compared to February's 7.8 percent, indicating a stable expansion phase. Market focus remains on upcoming policy moves amid consistent economic momentum. Updated 6/7/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 7.8 Percent. Prior reading (Feb 2026): 7.8 Percent. Before that (Jan 2026): 7.4 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially 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.