India Data Hub · Macro Data
India's GST collections swing to 5.53% growth in June
Revenue growth resumes after previous decline
The read
India's GST collections rose to 5.53% year-on-year in June, compared with a contraction of -3.42% in the prior period. The swing back to positive growth signals a recovery in revenue. The uptick suggests a revival in economic activity.
Key numbers
- Actual: 5.53%
- Previous: -3.42%