India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite

Hadynyah | E+ | Getty Images

In a quarter partially affected by the 50% U.S. tariffs, the Indian economy grew faster than expected at an annual rate of 8.2% in the quarter ending in September.

The growth was an acceleration from 7.8% in the previous quarter, when a lower deflator unexpectedly boosted real growth. A deflator measures how inflation affects the value of total output.

A Reuters poll of economists had pegged the July-September gross domestic product at 7.3%.

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— CNBC’s Amitoj Singh contributed to this report.

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