Context
• Q2 FY26 Real GDP growth: 8.2%
• Highest in six quarters.
• Q1 FY26 Real GDP growth: 7.8%
• First half (H1) FY26 growth average: 8%
• Same quarter last year (Q2 FY25): 5.6%
• Previous highest quarter before this:
• Q4 FY24 (Jan–Mar 2024) — last time growth was faster.
• Nominal GDP growth (Q2 FY26): 8.7%
• Economists say it indicates subdued underlying activity.



