The numbers and trends indicated in this image are in line with official and widely reported economic statistics for Q1 2025-26. The data sources used match recent press releases, sector reports, and economic analyses across all the major growth indicators featured.
On paper, GDP growth jumped to 7.8%. But look closer: 18 out of 22 major indicators are falling. Seven are negative, including crucial sectors like automobiles and electricity.
So, how did we get 7.8%?
The government used an unusually low inflation figure (1.9%) to calculate this "real" growth from the nominal rate (9.7%).
Using a more realistic inflation number (4.5%) reveals a different story: real growth was likely closer to 5.2%.
Modinomics is always a house of cards, built on shaky data and grand illusions.