Economy

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.

Nabka Insight

GDP methodology and the Q1 real vs nominal figures are directly examinable economy facts.

Key facts

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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