Page 12 - Policy Economic Report - September 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

• Real Private Final Consumption Expenditure (PFCE) has reported 7.0% growth rate during Q1 of
FY 2025-26 as compared to the 8.3% growth rate in the corresponding period of previous financial
year.

• Gross Fixed Capital Formation (GFCF) has recorded 7.8% growth rate at Constant Prices, over the
growth rate of 6.7% in Q1 of FY 2024-25.

Figure 6: Quarterly Real GDP estimates (in Rs. Lakh crores) and y-o-y growth rates (%)

Source- NSO, MoSPI
Figure 7: Sectoral Composition and Growth Rates of Quarterly GVA

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