Nomura’s Aurodeep Nandi Predicts Sub-6% GDP Growth for Q3 FY25 Mixed Indicators Cited: Consumption, Industrial Production, Net Exports
Nomura’s Aurodeep Nandi Predicts Sub-6% Growth for Q3 FY25
As we gear up for Q3 of FY25, the Indian economy is sending out mixed signals that have caught the attention of major analysts. According to Nomura’s chief economist, Aurodeep Nandi, the nation might experience sub-6% GDP growth this quarter. This revelation has stirred discussions across financial circles and economists alike.
Understanding the Mixed Economic Indicators
Nandi’s forecast stems from a combination of factors that present a rather cloudy picture for the economy. Consumption trends are showing a mixed bag, which is crucial as consumer spending is a major driver of economic growth. Alongside this, industrial production remains tepid, suggesting that factories are not operating at full throttle.
Moreover, the impact of negative net exports is expected to weigh down growth figures. With imports outpacing exports, the trade balance is not favorable, which can further complicate the growth narrative.
Public Capex on the Rise
On a brighter note, there is promising news regarding public capital expenditure (capex), which showed a sharp increase in December. This uptick could potentially provide a much-needed boost to the economy in the coming months. Increased government spending on infrastructure projects can stimulate job creation and enhance productivity.
Conclusion
As we analyze these indicators, staying informed is key. For those looking to make the most of their investments or seeking great deals, visit Looffers.com for the latest offers and discounts tailored just for you. Let’s navigate these economic waves together!
