Highlights:
- CEM expanded by 4.7% YoY in Q2FY25 lower than 7.5% growth in Q1FY25 and 7% in Q2FY24.
- Out of 33 indicators used in CEM calculation, 40% indicators witnessed YoY degrowth in Q2FY25, in comparison to 21% indicators registering degrowth in Q1FY25.
- The CEM is further analyzed through machine learning method to analyze and project the expected YoY GDP growth.
- As per our model, Real GDP growth for Q2 FY25 is expected to be in the range of 6.6% to 6.8%.
