India’s 2020 slowdown
The four components of India’s GDP in mid-2020: consumption, investment, exports and government spending.
Part 1
19 Jul 2020
19 Jul 2020
Growth & jobs Brief
A fall in private consumption is a warning sign for India
Private consumption, about 60% of GDP, grew more slowly than the economy itself, a sign of weak consumer confidence.
Part 2
20 Jul 2020
20 Jul 2020
Growth & jobs Brief
Investment falls as Indian economy slows
Investment growth slowed to about 1% as savings and capital formation fell together, dragging India’s GDP growth down with them.
Part 3
20 Jul 2020
20 Jul 2020
Trade Brief
Sluggish exports are not a worry for India
India’s exports have stalled, but a weaker rupee and a small export share of GDP mean the slump matters less than it looks.
Part 4
20 Jul 2020
20 Jul 2020
Public finance Brief
India’s government is spending like there’s no tomorrow
With households and firms holding back, government spending was the only part of India’s GDP growing quickly in 2020. How long can it carry the economy?