2025年10～12月印度GDP增7.8%

Group 1 - The core viewpoint of the article highlights that personal consumption, which accounts for nearly 60% of India's GDP, grew by 8.7% in Q4 2025, surpassing the previous quarter's growth of 8% [1][3] - India's actual GDP growth year-on-year for Q4 2025 was reported at 7.8%, showing a slowdown compared to the 8.4% growth in Q3 2025, attributed to the diminishing effects of prior public investment stimulus [1][3] - The Indian government revised its GDP calculation method, changing the base year from 2011 to 2022, which also led to adjustments in past growth rates, including for Q3 2025 [3] Group 2 - Fixed capital formation from public and private investments grew by 7.8%, a deceleration from the 8.4% growth in the previous quarter, with a notable 23% year-on-year decrease in capital expenditure for Q4 2025 [3] - The reduction in capital expenditure follows a significant 40% increase in the previous quarters due to active infrastructure development, indicating a sharp decline in investment momentum [3] - The Indian government's reduction of the Goods and Services Tax (GST) starting September 2025 has contributed to the sustained strength in consumer spending [3]