ADVERTISEMENT

India's Real GDP Growth Improves In Q3, Expect 6.0-6.5% Growth In Q4 —Motilal Oswal

Both private and government consumption witnessed an improvement during the quarter.

<div class="paragraphs"><p>The improvement in real GDP growth was mainly led by the six-quarter highest growth in final consumption expenditure (7.1% in Q3 FY25 versus 5.3%/5.6% in Q3 FY24/Q2 FY25).</p><p>(Source: pxhere.com)</p></div>
The improvement in real GDP growth was mainly led by the six-quarter highest growth in final consumption expenditure (7.1% in Q3 FY25 versus 5.3%/5.6% in Q3 FY24/Q2 FY25).

(Source: pxhere.com)

Overall, Q3 FY25 real/nominal growth came in line with market expectations. CSO projects 7.6% YoY growth in Q4 FY24, which would be difficult to achieve considering a higher base of 8.4% in Q3 FY24. We expect Q4 FY25 real GDP growth at 6.0-6.3%.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit