India’s economy grew at a faster pace than expected of 7.8% in the quarter ending December.
A Reuters poll of economists had pegged the October-December gross domestic product to grow at 7.2%.
The latest print comes after the government overhauled the framework for calculating economic output to improve accuracy.
In the previous quarter, India’s GDP growth rate was 8.2%, which has been revised to 8.4% under the new series. The GDP growth estimate for the financial year 2026 has also been raised to 7.6% from 7.4% earlier.
In January, India’s Ministry of Statistics & Programme Implementation (MoSPI) introduced changes to the GDP series, inflation and industrial production data to strengthen data quality, credibility and policy relevance, it said in a statement.
