Why did the estimate of 2025-26 growth move from 7.6 per cent in February to 7.7 per cent in June 2026?

The base year was changed againCorrect answerYour answerInflation was higher than expectedCorrect answerYour answerData for the fourth quarter had come inCorrect answerYour answerThe Budget raised capital expenditureCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

The February estimate used data only up to the third quarter; June added the January–March quarter.
Both estimates are on the same 2022-23 base.

Worth noting

Advance estimates come before the year's data is complete; provisional estimates follow once all four quarters are in.

Concept: Revisions of GDP estimates
Typical timeTypical: 65 s
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Why did the estimate of 2025-26 growth move from 7.6 per cent in February to 7.7 per cent in June 2026?

Explanation