GDP and GVA growth: who contributed how much?
The category 'public administration, defence and other services', mainly government spending, contributed the second largest chunk of growth, at 23.8% of total GVA growth
Dramatic events have overtaken the second quarter (Q2) GDP numbers, making them less important. Demonetisation will affect growth adversely for the rest of this fiscal year, at the very least. The election of Donald Trump as US president has injected another source of uncertainty about the external trade environment, about the currency and on capital inflows, all of which will have an impact on future growth.