India's revised GDP series indicates weaker growth and demand
after close1 source ↓written by the desknot a recommendation
Kunal Kundu from Societe Generale highlighted that India's revised GDP series reveals weaker past growth and softer domestic demand than previously reported. The adjustment suggests real GDP growth was overstated by about 2%. This aligns with high-frequency indicators and indicates limits to the post-pandemic recovery, raising concerns for traders about future economic momentum.
Not investment advice. For informational purposes only.