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India's 7.8% GDP growth raises spending puzzle: Economist

short by / on Wednesday, 9 September, 2026
Economist Rajeswari Sengupta questioned how India's GDP grew 7.8% as consumption, investment and government spending rose despite higher import prices. She said quarterly estimates require caution because informal firms, services and gig work are difficult to measure. Sengupta also sought clearer documentation on the revised GDP series' data sources, methods and price adjustments.
read more at The Core