Second quarter GDP growth projected at 7-7.5%
after close1 source ↓written by the desknot a recommendation
- decline from Q1's
- 7.8%
- FY26 estimate
- 6.8%
- official figures
- 30 Nov 2023
Analysts predict GDP growth of 7-7.5% for Q2, driven by strong rural consumption and low inflation. Although this is a slight decline from Q1's 7.8%, it exceeds the RBI's FY26 estimate of 6.8%. The government will release official figures on 30 Nov 2023. This growth reflects a recovery in investment and services, bolstered by GST reforms.
Not investment advice. For informational purposes only.