Economists also said lower inflation and a weak GDP deflator have dragged nominal growth to around 10%, even as real activity improves; the bigger challenge now is jobs and wage growth.
Whatsapp India’s macro indicators suggest a rare Goldilocks moment, but weak nominal growth, capital outflows, rising ...
Forecasted economic activity was predicting a 2.7% contraction in Q1 real GDP based on Atlanta Fed's GDPNow data. Today’s official real GDP reading, crucial for Federal Reserve policy, showed a milder ...
India’s stronger-than-expected GDP growth for the June quarter may have been overestimated, according to HSBC India. The bank said low deflators could be exaggerating real growth numbers, adding that ...