GDP growth slowed to 7.1% in April-June quarter (Q1 FY25) as per Reuters poll of economists
GK and monthly revision
Indian economic growth likely slowed to 7.1% in April-June quarter: Reuters poll
India's GDP growth slowed to 7.1% in Q1 FY25 (April-June) per a Reuters poll, driven by consumer spending and government expenditure while private investment remained weak. Rising crude oil prices pose inflation risks and could strain household budgets. Economists expect growth momentum to decelerate further in coming quarters. The RBI is projected to keep interest rates unchanged for six months, signaling a pause in monetary tightening.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
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Key points
Exam-ready takeaways
Growth supported by consumer spending and government expenditure; private investment remained subdued
Rising crude oil prices identified as key risk to economy and household budgets
Economists forecast further loss of growth momentum in subsequent quarters of FY25
Reserve Bank of India expected to keep policy interest rates unchanged for six months
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