India’s Q2 GDP moderates but details encourage
Published on Tuesday, September 1, 2015
India’s Q2 GDP moderates but details encourage
Summary
India’s Q2 2015 real GDP growth fell short of expectations, easing to 7.0% y/y from 7.5% in Q1. However, excluding net indirect taxes, GDP growth picked up to 7.1% y/y from 6.1% in Q1. Amid the ongoing global financial turmoil, India’s macro fundamentals are amongst the strongest in the region, although stalled progress on key legislative reforms can unnerve investors.
Geographies
- Geography Tags
- Asia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist
Documents and files
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