Moodys cuts Indias 2026 growth forecast to 6 percent citing consumer weakness and energy costs

The downgrade pins blame on energy costs

Moody’s Ratings has cut India’s 2026 GDP growth forecast to 6%, lowering it by 0.8 percentage points. The agency cites weak private consumption, slower capital formation and industrial activity, plus higher energy costs. Moody’s also pegged 2027 growth at 6%, down from earlier estimates, warning that global and domestic pressures continue to weigh on momentum.