India Q2 GDP Development 2024 Highlights: India’s GDP progress slows to seven quarter low of 5.4% – The Occasions of India

GDP Development 2024 Stay: Slowdown in financial exercise reflecting in information

In accordance with Kunal Kundu, India Economist at Societe Generale, “The slowdown in India’s financial exercise is finally getting mirrored within the GDP information regardless of clear proof of it in numerous excessive frequency information led by persistently weakening home consumption. That stated, rising deflator is equally accountable markedly slower progress now, not like final 12 months when the true GDP progress was artificially propped up by unusually low deflator.”