Excessive-frequency indicators recommend robust progress momentum in Q3FY26, it famous. Rural consumption remained agency, buoyed by constructive alerts from farm and non-farm actions, whereas city consumption picked up constantly, aided by fiscal stimulus and better spending because the final festive season.
“Regardless of international headwinds, the Indian financial system has maintained robust progress momentum,” the report stated.
The statistics ministry is ready to launch the second advance estimates of GDP for FY26 on February 27, together with revised figures for the earlier three monetary years and quarterly estimates primarily based on a brand new base of 2022-23. The bottom 12 months is being up to date from 2011-12 to raised mirror the financial system’s present construction.
The primary advance estimates projected GDP progress at 7.4% for FY26, whereas the financial survey estimated round 7% and within the vary of 6.8-7.2% for FY27.
