Revised GDP data indicates weaker growth and demand in India
pre-market1 source ↓written by the desknot a recommendation
- overstated
- 2 percentage points
Kunal Kundu from Societe Generale highlighted that India's revised GDP series reveals weaker past growth and softer domestic demand than previously reported. The adjustments suggest real GDP growth was overstated by about 2 percentage points. This aligns with high-frequency indicators, indicating limits to post-pandemic recovery and weak domestic demand conditions across several periods.
Not investment advice. For informational purposes only.