Gross Domestic Product
Real gross domestic product for Q3 FY2024-25 grew by 6.2% on a year-on-year basis, as compared to the revised reading of 9.5% in Q3 FY2023-24.
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Monetary Policy
In the Sixth Bi-monthly Monetary Policy for FY2024-25, the MPC unanimously decided to reduce policy repo rate by 25 basis points. Consequently, key policy rates stands as: Repo rate at 6.25%, Standing Deposit Facility rate at 6.00% and Marginal Standing Facility and Bank rate at 6.50%.
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Consumer Price Index
The Consumer Price Index (Combined) inflation for February 2025 printed lower at 3.6%, as compared to the previous reading of 4.3%.
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Wholesale Price Index
Wholesale Price Index inflation printed marginally higher at 2.4% in February 2025 as compared to 2.3% in the earlier month, on an annual basis.
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Index of Industrial Production
IIP growth printed at 5.0% in January 2025, as compared to the reading of 3.5% in December 2024, on a year-on-year basis.
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