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HomeNewsBusinessEconomyDespite fall India's GDP shows promising signs: Here's what's changed in Q1 in seven charts

Despite fall India's GDP shows promising signs: Here's what's changed in Q1 in seven charts

Private consumption showed signs of revival and investment remained steady despite government capex slowing down in Q1

August 30, 2024 / 19:50 IST
What's changed with India's GDP in seven charts

What's changed with India's GDP in seven charts

India's GDP growth slowed down to a five quarter low of 6.7 percent in the first quarter, but there were many positives which brighten the prospects of further growth. Even as government consumption contracted due to election related activity and agricultural growth remained subdued, value added activity picked up. More important, private consumption showed signs of revival and investment remained steady despite government capex slowing down. Moneycontrol presents India's Q1FY25 growth story in seven charts:

GDP growth slowed down to five quarter low in Q1...

... as government consumption contracted

... and agricultural growth remained muted

But value added growth picked up...

... as private consumption showed signs of revival 

Services, manufacturing and construction held steady

Investment data showed some promise

Ishaan Gera
first published: Aug 30, 2024 07:50 pm

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