{"id":607616,"date":"2025-12-02T15:14:12","date_gmt":"2025-12-02T15:14:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/607616\/"},"modified":"2025-12-02T15:14:12","modified_gmt":"2025-12-02T15:14:12","slug":"indias-strong-economic-growth-impresses-amid-doubts-on-overstated-data","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/607616\/","title":{"rendered":"India\u2019s strong economic growth impresses amid doubts on \u2018overstated\u2019 data"},"content":{"rendered":"

The better-than-expected growth of India<\/a>\u2019s economy, driven by strong performance in the domestic consumer and manufacturing sectors, highlights its near-term resilience despite a slowdown in exports and US import tariffs.While India\u2019s 8.2 per cent year-on-year growth figure in the July to September quarter was the fastest among major economies<\/a>, analysts warn that the headline numbers may not provide a true picture of the challenges it faces.<\/p>\n

Private consumer spending, which accounts for more than half of India\u2019s gross domestic product, rose 7 per cent, fuelled by low inflation, according to official data released on Friday. Manufacturing output increased by 9.1 per cent over the same period.<\/p>\n

The rosy picture on the domestic front was in stark contrast to India\u2019s external trade outlook. The country\u2019s merchandise exports fell by 11.8 per cent to US$34.4 billion in October. Shipments to the US declined by 8.5 per cent \u2013 a second straight month of contraction.<\/p>\n

In response to the slowdown in its exports, India has been stepping up diversification into new markets.<\/p>\n

N.R. Bhanumurthy, director of Chennai-based Madras School of Economics, said the visit by Russian President Vladimir Putin to New Delhi this week was a \u201cclear signal\u201d that India was prioritising trade diversification.<\/p>\n","protected":false},"excerpt":{"rendered":"The better-than-expected growth of India\u2019s economy, driven by strong performance in the domestic consumer and manufacturing sectors, highlights…\n","protected":false},"author":2,"featured_media":607617,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[20788,51,53548,156773,1700,1214,3448,6776,10647,730,5167,16,15,978],"class_list":{"0":"post-607616","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-association-of-southeast-asian-nations","9":"tag-business","10":"tag-delhi","11":"tag-diwali","12":"tag-economy","13":"tag-exports","14":"tag-gdp","15":"tag-gst","16":"tag-imf","17":"tag-india","18":"tag-manufacturing","19":"tag-uk","20":"tag-united-kingdom","21":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115650629882641742","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/607616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=607616"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/607616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/607617"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=607616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=607616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=607616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}