Centre defends Q1 GDP estimates against inflation claims
The Centre issued a detailed clarification, in question-and-answer format, refuting allegations that it had artificially pushed up the June-quarter growth numbers. The government defended its estimate of 7.8% real GDP growth and 10.3% nominal expansion for the first quarter, saying the figures and any revisions reflected updated data and refined methodology rather than manipulation of the headline rate.
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GDP methodology and the Q1 real vs nominal figures are directly examinable economy facts.
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- Q1 (June quarter) real GDP growth: 7.8%; nominal expansion: 10.3%
- Government rejected claims of artificially inflating the growth rate
- Said revisions reflect updated data and methodology
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