India’s surprise GDP flattered by data calculation, analysts say

India’s recent strong economic growth of 7.8% in the April-June quarter is likely overstated due to statistical factors, particularly a lower deflator. Economists suggest the deflator, influenced by volatile food prices and wholesale price index, artificially inflated the headline figure. Despite the boost, the economy faces challenges from increased US tariffs, potentially impacting growth forecasts for the fiscal year.

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