30 Aug 2022 Emerging Asia Monitor Base Effects Should Guarantee a 20%-Plus Q2 GDP Print in India

Miguel Chanco (Chief EM Asia Economist)26th Aug 2022 14:07Emerging Asia, Weekly Monitor

We expect India’s Q2 GDP report tomorrow to beat expectations, with growth surging to over 20%...
...The boost from Delta base effects will be strong, and consumers regained energy, post-Omicron.
The overall q/q profile will be soft, though, due to non-existent new investment and a bigger trade hit.

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capex capital goods car sales commodity prices consumer goods exports gdp report global commodity prices imports net trade q1 q2 q2 gdp trade

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