ilmscore | Prediction Details
"India's growth has been contracting since early 2023 when it hit a high of 99.7% and this might have something to do with the peculiar composition of this GDP believe it or not but almost 60% of India's GDP comes from consumption with most of the rest coming from investment this is believable when you realize that India is technically the largest country in the world by population and continues to experience robust population growth at the same time the Indian government has been doing everything in its power to get its massive population on the economic tread B through things like digitization the result has been a booming economy and lots of foreign investment however something seems to have changed in mid 2023 according to Reuters there was a notable decoupling between GDP and consumption during this period with consumption falling while GDP continued to rise the continued rise in GDP was presumably due to the continued rise in foreign investment which fueled a rally in India's stock market the thing is the rally ended last September believe it or not but the decline consumer spending seems to be due to the same thing driving India's economic rise its population growth the massive increase in the supply of labor has pushed wages down making it harder for the average Indian to spend as much money as they did before as for the decline in India's stock market well that's a no-brainer Trump's election and the threats of Trump's tariffs with India's population not expected to Peak until 2060 it looks like consumption could continue declining"
By Coin Bureau | March 16, 2025 | Pending
Interpreted Prediction
India's economic growth has been contracting since early 2023, with consumption declining despite GDP growth, likely due to increased labor supply driving down wages. This trend is expected to continue, with potential impacts from Trump's tariffs and geopolitical risks.

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