India’s Q2 GDP accelerates to 7.7%: Fastest since 2022

  • India’s GDP has grown 7.7% in the past quarter driven by lower commodity prices, strong services sector, and government spending on infrastructure.
  • Dry weather raising food prices and impacting agriculture, along with slowing global growth, could dampen future growth.
  • Economists anticipate a slow down due to these factors and comparisons with higher growth rates in previous years.
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