QUARTERLY ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE FIRST QUARTER (APRIL-JUNE) OF 2026-27

The Ministry of Statistics and Programme Implementation (MoSPI) has released the quarterly estimates of Gross Domestic Product (GDP) and Gross Value Added (GVA) for the first quarter (April-June) of the financial year 2026-27. According to the release, real GDP at constant (2022-23) prices in Q1 of 2026-27 is estimated at ₹81.36 lakh crore, reflecting a growth rate of 7.8% compared to 6.9% in Q1 of 2025-26. Nominal GDP at current prices has registered a growth of 10.3%, estimated at ₹88.27 lakh crore. Real GVA is estimated to grow by 8.2%. The release highlights the incorporation of the new series of output Producer Price Index (PPI), Index of Industrial Production (IIP) with the 2022-23 base year, and the adoption of the double deflation approach for estimating manufacturing sector GVA.