India's GDP growth estimated at 7.2% for Q2
after close1 source ↓written by the desknot a recommendation
- in Q2
- 7.2%
- due to low
- 8%
India's GDP is projected to have grown 7.2% in Q2, with nominal GDP growth falling below 8% due to low wholesale price inflation. Strong domestic demand, particularly from private consumption, has supported this growth. The decline in retail inflation has also boosted real wages and consumption demand, enhancing economic resilience.
Not investment advice. For informational purposes only.