IMF says India’s Q1 GDP growth of 7.8% is ‘above expectations’
The International Monetary Fund said India’s real GDP growth of 7.8% in Q1 FY27 surpassed its expectations, calling the economy resilient amid an energy price shock. The IMF also welcomed improved data transparency and revisions in India’s GDP estimation, reinforcing the country’s role as a crucial engine of global growth.
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A strong quarterly growth print endorsed by the IMF is a standard economy and reports/indices question.
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- India’s real GDP grew 7.8% in Q1 FY27.
- The IMF said the figure was above its expectations.
- The IMF welcomed improved data transparency and GDP estimation revisions.
- The growth came despite an energy price shock.
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