Pantheon Macroeconomics

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31st Aug 2022 15:10Emerging Asia, Daily Monitor

  • GDP growth in India disappointed in Q2, jumping merely to 13.5%, despite huge Delta base effects.
  • The headline should collapse in Q3, especially with the drag from oil prices persisting until early 2023.
  • The road ahead for consumption and investment will be rockier, rising inflation and credit costs aside.

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capex consumption growth credit deposits energy exports gdp growth imports india oil oil prices q1 q2 q2 gdp q3 recession recreation repo savings technical recession

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Keywords for: 1 Sept 2022 Emerging Asia Monitor

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