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Q2 growth below expected number: SBI CAPS
Mint Mumbai
|December 10, 2024
The Indian economy faced a sluggish start to FY25, with Q2 GDP growth falling below expectations due to monsoon disruptions, subdued government spending, weaker urban demand and a slowdown in lending, SBI CAPS said in a report on Monday.
But it also highlighted improvements in high-frequency indicators such as auto sales and fuel consumption in October-November 2024, signaling the prospects of a recovery in the second half of the fiscal year.
Esta historia es de la edición December 10, 2024 de Mint Mumbai.
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