India’s Q2 GDP Strength Impresses Despite Weak Industrial Output

India recorded 8.2% GDP growth in Q2 even as industrial output weakened and exports faced tariff pressure, with digital payments continuing to expand.

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India’s Q2 GDP Strength Impresses Despite Weak Industrial Output

India’s Q2 GDP Strength Impresses Despite Weak Industrial Output
India reported Q2 GDP growth of 8.2%, supported by strong domestic consumption and robust services activity. However, industrial production slipped to a fourteen month low, signalling uneven momentum. UPI transaction volumes rising 32% year on year underline digital payment expansion. 
Tags:
  • economy
  • gdp