Finance & Economy | News & Insights

GDP Growth Remains Healthy at 6.7 per cent in Q1 FY25

Published: September 3, 2024
Author: TEXTILE VALUE CHAIN

Highlights:

  • The GDP growth in Q1FY25 moderates to 6.7%, down from 7.8% in the last quarter and slightly below the market expectations.
  • Conversely, the GVA growth came in at 6.8% in Q1FY25, higher than the 6.3% growth witnessed last quarter.
  • Compared to last quarter, all major sectors have shown improvement except manufacturing and financial, real estate & professional services.
  • On the expenditure front, private final consumption expenditure and investments saw a significant recovery.
  • For the full fiscal year 2025, we project GDP growth to be 7%.

GDP_Report_-_Q1FY25

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