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Q2 real GDP growth to slow down to 6.5 per cent in Sept quarter: SBI Economists
The Statesman
|November 07, 2024
Domestic passenger vehicle sales which is an indicator of urban demand as well as other indicators of consumption and demand as diesel consumption, electricity demand and bitumen consumption have eased
Economists at the State Bank of India on Wednesday said they see Q2 real GDP growth slowing down further to 6.5% in the September quarter of this fiscal year.
"We estimate Q2FY25 GDP growth around ~6.5%, data for which will be released on 29 November and expect-ed Q3 and Q4 growth numbers could push overall yearly GDP growth closer to 7% in FY25," they said in a report.
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