News about GDP

Real GDP (annual rate) revised down to 1.3% in Q1, originally 1.6%. GDI was 1.5%. Inertial components strong: --Consumption +2% --Business fixed investment +6.0% --Residential +15.4% --Real final sales to domestic purchasers +2.8% pic.twitter.com/826Z0QTCqh

In year/year terms, we still have a gap between real GDP and real GDI (gross domestic income) … but there has been significant progress over past year and things look to be normalizing pic.twitter.com/RuhvNhtxPP

For the second consecutive quarter, gross domestic income growth (GDI, orange) outpaced GDP growth (blue) on q/q annualized basis in 1Q2024 pic.twitter.com/wn1JsC4ybu

"Q4 GDP growth for 2023-24 shows robust momentum in our economy which is poised to further accelerate" says PM Modi on the India Q4FY24 GDP results @PMOIndia @narendramodi pic.twitter.com/FsIAlyjxC8