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Signs of hope in GDP data: Will RBI's 7.2% FY25 growth projection be actually met? Editorial Opinion

.3 min checked out Last Updated: Sep 01 2024|10:19 PM IST.The National Statistical Office has released its quarterly estimations of gross domestic product (GDP). The time period April-June 2024 observed GDP increase through 6.7 per-cent in true conditions year-on-year (Y-o-Y). This is being seen as slowdown, given that the previous fourth documented 7.8 per cent Y-o-Y GDP development and the equal for the very same quarter of 2023-24 was actually as high as 8.2 percent. It is actually likewise rather lower than quotes the Get Financial Institution of India (RBI), for example, had predicted development will be around 7.1 percent in the same period. Concerns are going to typically be actually asked.