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Informist, Saturday, Nov. 29, 2025

 

NEW DELHI – India's GDP growth – at six-quarter high of 8.2% in the September quarter – continues to outpace major economies, indicating relative stability, the finance ministry said late Friday. "Q2 FY26 (Jul-Sept) GDP growth at 8.2% (is) reflecting steady and resilient domestic growth," the ministry said in a series of posts on microblogging site X, formerly Twitter.

 

This was the second consecutive quarter when the economy expanded more than expected, data released Friday by the statistics ministry showed. The Indian economy had grown higher-than-expected in the June quarter as well, at 7.8%. GDP growth was 5.6% in the year-ago quarter. 

 

Growth in the September quarter was one percentage point higher than the 7.2% growth projected by economists in an Informist poll. GDP growth in the quarter was 120 basis points higher than the Reserve Bank of India's forecast of 7.0%. No economist in the Informist poll had projected growth topping 8% in the September quarter. During Apr-Sept, India's GDP growth print was 8.0%.

 

During the same quarter, Mexico's economic growth contracted to -0.1%, according to a graph attached by the ministry. Germany's economy grew just 0.3%, France was slightly better at 0.9%, Japan grew 1.1%, the UK grew 1.3%, China 4.8%, and Indonesia at 5%, the graph showed. The data for countries other than the UK and France are not seasonally adjusted, the ministry noted. 

 

According to the finance ministry, services and manufacturing sectors bolster growth in gross value added. At 9.2%, services sector led the GDP growth in the September quarter, driven by a nine-quarter high growth of 10.2% in 'financial, real estate, and professional services'. Industry growth rose to a five-quarter high of 7.7% in Jul-Sept from 6.3% in Apr-Jun. Agriculture sector growth was 3.5% in the September quarter, the slowest since Apr-Jun 2024. Growth in GVA rose to an eight-quarter high of 8.1% in the September quarter.

 

"Consumption and investment continue to anchor growth, share of exports in GDP is the highest in last 8 quarters (during Jul-Sept)," the ministry also said. 

 

On the expenditure side, private final consumption expenditure growth rose to 7.9% in the September quarter from 7.0% in the June quarter. Gross fixed capital formation, which reflects investments in the economy, slowed down to 7.3% in Jul-Sept from 7.8% a quarter ago. Government final consumption expenditure contracted 2.7% on year in the September quarter against a rise of 7.4% in Apr-Jun.  End

 

Reported by Priyasmita Dutta

Edited by Tanima Banerjee

 

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