Important- India's GDP growth slows to 5.4% in Q2 FY25, down from 8.1% YoY and 6.7% QoQ. This marks the third consecutive quarter of slower growth due to shrinking consumption.
Macroeconomic momentum loses steam amid stock market volatility. #IndiaEconomy #GDPGrowth
Macroeconomic momentum loses steam amid stock market volatility. #IndiaEconomy #GDPGrowth
Sectoral performance shows a deeper demand slowdown:
- Agriculture- Growth improved to 3.5% (up from 1.7% YoY, 2% QoQ).
- Mining- Contracted by -0.1% (down from 11.1% YoY, 7.2% QoQ).
- Manufacturing-Slowed to 2.2% (down from 14.3% YoY, 7% QoQ).
- Electricity- Growth slowed to 3.3% (down from 10.5% YoY, 10.4% QoQ).
- Construction- Grew by 7.7% (down from 13.6% YoY, 10.5% QoQ).
#IndiaEconomy
- Agriculture- Growth improved to 3.5% (up from 1.7% YoY, 2% QoQ).
- Mining- Contracted by -0.1% (down from 11.1% YoY, 7.2% QoQ).
- Manufacturing-Slowed to 2.2% (down from 14.3% YoY, 7% QoQ).
- Electricity- Growth slowed to 3.3% (down from 10.5% YoY, 10.4% QoQ).
- Construction- Grew by 7.7% (down from 13.6% YoY, 10.5% QoQ).
#IndiaEconomy
Trade, hotels, and transport saw an uptick, growing at 6% compared to 4.5% YoY and 5.7% QoQ.
Financial and real estate services posted modest growth at 6.7%, slightly above 6.2% YoY but below 7.1% QoQ.
Public administration and other services grew by 9.2%, up from 7.7% YoY, though slightly down from 9.5% in the previous quarter.
#IndiaEconomy #SectorGrowth
Financial and real estate services posted modest growth at 6.7%, slightly above 6.2% YoY but below 7.1% QoQ.
Public administration and other services grew by 9.2%, up from 7.7% YoY, though slightly down from 9.5% in the previous quarter.
#IndiaEconomy #SectorGrowth
• • •
Missing some Tweet in this thread? You can try to
force a refresh
