RBI Bulletin: India's Growth Momentum Resilient, December Indicators Signal Buoyancy

• India's economic growth remained resilient in December, with high-frequency indicators showing continued buoyancy.
• The RBI's January Bulletin highlights the economy's ability to withstand global headwinds, with robust real GDP growth.
• Private final consumption expenditure and fixed investment drove demand, while manufacturing and services boosted GVA growth.
• Upbeat demand conditions were supported by a resurgence in rural demand and a gradual recovery in urban consumption.
• Real GDP growth is estimated at 7.4% for 2025-26, up from 6.5% a year ago, despite nominal GDP growth hitting a five-year low of 8.0%.

Why It Matters: India's economy shows resilient growth and sustained buoyancy, driven by strong domestic demand and key sectors.