India to Release Q3 GDP Data Under New 2022-23 Base Year on February 27
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India to Release Q3 GDP Data Under New 2022-23 Base Year on February 27

India will release its Q3 FY26 GDP data on February 27, marking the debut of a revised series with 2022-23 as the new base year, replacing the 2011-12 benchmark. This update incorporates expanded use of GST data and improved methodologies to better capture the digital economy, informal sectors, and corporate activity. Growth estimates vary, with projections ranging from 7.2% to 8.1%, reflecting methodological changes and mixed sectoral trends. The revision aims to provide more accurate and timely economic indicators aligned with India's evolving economy.

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