After a moderation in Q2 FY25, the outlook for Q3 appears bright, the government’s latest Monthly Economic Review said.
Real GDP growth is likely to recover to 6.8 per cent and 6.5 per cent in Q3 and Q4 FY25 respectively.
FY26 growth is projected at 6.7 per cent, while headline CPI inflation is projected to average 3.8 per cent.
The October and November PMI remained in the expansionary range.
Real GDP growth is likely to recover to 6.8 per cent and 6.5 per cent in Q3 and Q4 FY25 respectively.
FY26 growth is projected at 6.7 per cent, while headline CPI inflation is projected to average 3.8 per cent.
The October and November PMI remained in the expansionary range.
