The Organisation for Economic Cooperation and Development (OECD) improved the 2025 GDP growth forecast for India by 6.7 percent instead of 6.3 percent due to the strong performance of domestic demand and the effective implementation of GST reforms. It added that food price inflation in India has been falling fast due to high domestic supply and export controls. Gross domestic product (GDP) in India increased by five quarters high at 7.8% in the April-June period. The OECD predicted economic growth at 1.8 per cent in 2025 (up to 1.6 per cent in June) in the U.S., versus 2.8 percent today, and later to the same level in 2026, the same forecast as in June. The OECD said that trade and geopolitical tensions were counterbalancing the stimulus of lower interest rates in the euro zone.