Is the big upside surprise in GDP growth sustainable? Radhika Rao of DBS Bank explains
Radhika Rao, Sr Economist & Executive Director, DBS Bank, analyzes the divergent GDP number of 8.4% and its implications for the economy. She discusses the performance of different sectors, the gap between GVA and GDP, and why it is necessary to consider backward revisions and inflation targets so that we might see real GDP adjust lower.
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