According to National Statistical Office (NSO) India Reports Real GDP Growth Slows to 15-Month Low of 6.7% in Q1 FY25.

Economy Business

The National Statistical Office (NSO) of India has reported that the country's real GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY25. This marks a significant deceleration from previous quarters, reflecting challenges in the economic landscape. Analysts attribute the slowdown to a combination of factors, including global economic uncertainties and domestic structural issues. The decline raises concerns about the sustainability of India's economic recovery and may influence policy adjustments in the coming months. The data highlights the need for targeted measures to boost economic activity and address underlying vulnerabilities.


      Consumer spending and investment growth have weakened, contributing to the slower GDP growth in the recent quarter.

      The slowdown may prompt the Reserve Bank of India to reconsider its monetary policy stance.

     

 

     


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