SBI Research Sees 8% GDP Growth for Q1 FY27
Why in the news
SBI Research gave an upbeat estimate for the April-June quarter of FY27, putting growth about a percentage point above the central bank’s figure.
Key facts
- Forecaster: SBI Research.
- Estimate: about 8% real GDP growth in Q1 FY27.
- RBI’s estimate: 7%.
- Method: 54 high-frequency indicators across agriculture, industry and services.
Drivers
| Driver | Role |
|---|---|
| Consumption | Strong |
| Industrial output | Strong |
| Services activity | Strong |
| Government capital expenditure | Supportive |
Exam angle
- Gap between SBI (8%) and RBI (7%) estimates.
- Basis: high-frequency indicators, 54 in number.