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This Article is From Dec 04, 2023

India Strategy, Economy - Is The GDP Blitzkrieg A Statistical Exaggeration? Systematix Analysis

India Strategy, Economy - Is The GDP Blitzkrieg A Statistical Exaggeration? Systematix Analysis
Vehicle light trails. (Photo: Anthony Bevilacqua Unsplash)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Systematix Research Report

Behind the robust headline real gross domestic product growth of 7.6% in Q2 FY24 and 7.7% in H1 FY24, padded up by overstated gross value added is a flattening trend in the core real GDP growth (ex-discrepancies), which is worrisome; H1 FY23 core GDP growth stood at 2.3% YoY and 3.5% four-year compound annual growth rate.

With only 29% of H1 real GDP growth accounted for by identified spending components, the disproportionate role discrepancies play is systemic, posing credibility challenges.

Core GDP depictsthe actual situation of the household livelihood, employment and productivity more aptly. Breaking the structural underpinnings of rising ruralisation and continued lack of private capex requires sustained taming of inflation along with fiscal support and structural reforms.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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