IMF assigns India a 'C' grade for GDP data quality

The IMF has given India's GDP data a 'C' grade, citing shortcomings in its annual review. This grade indicates data has issues that hamper economic surveillance, particularly with an upcoming release of Q2 national accounts. Methodological weaknesses and discrepancies between GDP measurement approaches were highlighted. India's overall data grade is 'B', with plans underway to update GDP and CPI base years and methodology, expected in 2026.