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Services sector powers near 8% real GDP growth in Q1, highlights strong momentum

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The domestically oriented nature of India’s growth is visible in the spending side break-up of the GDP estimates. Private consumption growth accelerated to 6% yoy during Q1FY24 from 2.83% yoy in Q4FY23, helped by strong and resilient urban demand 

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​ The domestically oriented nature of India’s growth is visible in the spending side break-up of the GDP estimates. Private consumption growth accelerated to 6% yoy during Q1FY24 from 2.83% yoy in Q4FY23, helped by strong and resilient urban demand  The domestically oriented nature of India’s growth is visible in the spending side break-up of the GDP estimates. Private consumption growth accelerated to 6% yoy during Q1FY24 from 2.83% yoy in Q4FY23, helped by strong and resilient urban demand   Moneycontrol Latest News Read More  

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