In FY23, the GDP deflator was 7% y-o-y. In the first three quarters of FY24, the deflator was around 1.1% y-o-y. Amid several factors – both structural and transient – that have contributed to an ...

Amid several factors – both structural and transient – that have contributed to an above 8% real GDP growth in the first three quarters of FY24, one of them was a low GDP deflator. An implicit price ...

India’s surprisingly strong economic growth last quarter was likely exaggerated by statistical factors, economists said, and will push up full-year forecasts even as higher US tariffs take a toll.