3rd Quarter 2024 Gdp Growth Rate. India is poised to play a defining role in shaping the future of the global economy in 2024 and beyond. Hours grew at roughly a 1.0 percent annual rate in the third quarter.
If gdp growth comes in above 3.0 percent, this would mean productivity growth for the quarter is over 2.0. Consumer spending makes up about 70% of economic activity.