GST cuts boost manufacturing despite US tariff challenges
after close1 source ↓written by the desknot a recommendation
- for Q3 CY25
- 7.2-7.4% growth
GST rate cuts have led to retail price reductions and increased household spending, helping to offset tariff impacts on exports. Manufacturing output continues to rise, tracking 7.2-7.4% growth for Q3 CY25. While exports to the US dipped, domestic orders surged, indicating strong manufacturing momentum into November. 📈
Not investment advice. For informational purposes only.