Viewpoint Podcast - Ep 1: Was the Q1FY25 GDP growth in line with expectations?
Show Notes
India's Q1 FY25 GDP data softened to 6.7% y-o-y vs. a near 8% print through all four quarters of FY24. This was in line with expectations. Even as growth moderated, we find the internals of growth quite healthy. The highlight of the quarter was 7.4% growth in real household consumption spending after 6 quarters of muted prints.Transcript
00:00 - 00:35
[upbeat music] India's first quarter GDP data softened to a six point seven percent bio Y growth versus a near eight percent print through all four quarters of FY24. This was in line with expectation. Even as growth moderated, we find the internals of growth quite healthy. The highlight of the quarter was seven point four percent growth in real household consumption spending after six quarters of muted prints.
00:35 - 00:40
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