23 base year GDP data more worrying than latest print; Investments likely being underestimated: Jahangir Aziz

Market Mastery Webinar by Vishal Malkan Find the weak links in your portfolio by Vishal Malkan India’s gross value added (GVA) estimate is on “much stronger” statistical ground now, JP Morgan co-head of macroeconomic research Jahangir Aziz has said, adding the methodology broadly aligns with that used by major economies to calculate GDP. “It can still improve but anyone concerned about the headline methodology should be more worried about the pre-FY23 (base year) numbers than the latest print,” Aziz told Moneycontrol in an interview. “The remaining weakness lies in how GDP is distributed across consumption, investment, government consumption, inventories, exports…