August 30, 2026 10:28 am

Global growth is seen bottoming. Economy Digest 30 Aug

India’s GDP growth is estimated around 7.1% for April–June 2026, with some analysts projecting 7–7.5% and SBI research even pointing to 8% for Q1, supported by rate cuts and contained inflation.war+1

HSBC notes growth remains high, inflation low, and current account deficit surprisingly contained at about 0.3% of GDP, per RBI’s aggregated monthly data.sci.gov

Global growth is seen bottoming near 2.8% before a modest rise to 3%, with advanced economies (euro area, UK) showing slowdowns but expected to rebound next year.war

Emerging Asia is projected at 5.3% growth this year; China’s reopened economy is rebounding strongly, while supply-chain disruptions unwind.war

Moldova’s 2026 GDP growth forecast was cut to 1.8%, aligning with EC/IMF/World Bank caution on external shocks and slower domestic demand.informistmedia

Paraguay recorded strong macro performance; 2026 growth expected at 4.4%, moderating to 3.8% potential over the medium term.informistmedia

Hungary is setting a 7.5% of GDP deficit target for 2026, with a legislative proposal due Aug 31 to modify the budget bill.informistmedia

Canada posted its fastest growth in three years in Q2 2026, driven by rising exports and business investment.economictimes

Ukraine’s outlook remains fragile with high risk to debt sustainability; IMF report expected mid-December.informistmedia

Venezuela faces policy inaction and a recent downgrade; 15% budget deficit and bond sell-off raise moderate default risk.

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