Reserve Bank of India (RBI) Releases 101st Survey of Professional Forecasters (SPF), Projects 6.6% GDP Growth for FY27

Exam-focused facts from the 12 August 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) released the 101st Survey of Professional Forecasters (SPF) conducted in July 2026.
The SPF projected FY27 real GDP growth at 6.6 per cent, up from 6.5 per cent in the 100th SPF.
The SPF raised the FY27 retail inflation forecast by 10 basis points to 5 per cent from 4.9 per cent.
The SPF projected FY28 real GDP growth at 7 per cent, up from 6.9 per cent, and retained FY28 retail inflation at 4.5 per cent.
The SPF revised FY27 merchandise export growth upwards to 7 per cent from 5 per cent, and merchandise import growth downwards to 9.9 per cent from 10.5 per cent.
The SPF projected FY27 current account deficit at 1.4 per cent of GDP, down from 2.1 per cent, and FY28 current account deficit at 1.1 per cent of GDP, down from 1.2 per cent.