India Q1 2026 GDP Nowcast Dips to 7.8% YoY, DBS Says
DBS Senior Economist Radhika Rao notes that India's real GDP grew 7.8% year-on-year in the first quarter of 2026, slightly below the previous quarter's revised 8.0% expansion, indicating a slower pace of growth.
DBS Bank's nowcast for India's real GDP points to a slight deceleration in economic expansion. Senior Economist Radhika Rao, with data support from Daisy Sharma, estimates that GDP grew 7.8% year-on-year in the first quarter of fiscal year 2026.
This reading is marginally below the revised 8.0% growth recorded in the prior quarter, suggesting a modest loss of momentum. The nowcast provides an early snapshot of economic activity before official data release.
No further breakdown or commentary on the components of GDP was provided in the initial release.
Source: FXStreet Forex News