Ministry of Statistics & Programme Implementation
Additional Information related to GDP Estimates Received After Release of Q1 Estimates of FY 2026-27
PrelimsMainsGS3EconomyReports/Indices
Source-grounded summary
The Ministry of Statistics & Programme Implementation released updated annual and quarterly GDP estimates with the base year 2022-23, utilizing the Output Producer Price Index (PPI), Banking Services Price Index (BkSPI), and updated administrative data. Accompanying clarifications address stakeholder queries regarding methodological aspects such as the double-deflation technique, negative implicit deflators in manufacturing, revisions in past data following base year updates, reconciliation of GDP deflator differences with CPI and WPI, discrepancies in mining sector nominal and real GVA, and statistical discrepancies between production and expenditure approaches.