Swiss Economicblogs.org
Fading policy headwinds has been helping growth numbers, but external factors are expected to weigh on growth in the near future.Indian GDP came in strongly in Q2, expanding 1.9% quarter-over-quarter and 8.2% year-over-year (y-o-y), beating both the consensus and our own forecast. These numbers put India easily at the top of G20 countries in terms of GDP growth. As a result, we are revising our Indian GDP forecast for fiscal year 25018-2019 slightly upwards to 7.6% from 7.5%.The acceleration...
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