Prelim GDP” refers to Preliminary Gross Domestic Product, which is the initial or first estimate of Gross Domestic Product (GDP) for a specific period, such as a quarter (three months) or a year. GDP is a crucial measure of a country’s economic activity, encompassing the total value of all goods and services produced within the country.

Prelim GDP provides an early indication of a country’s economic performance for a given period. This data is used by economists, investors, and policymakers to assess the direction of the economy and make investment decisions.

However, it’s important to note that Preliminary GDP figures can be revised and adjusted as additional data or more accurate data becomes available in the official reporting schedule. Therefore, it may change at subsequent confirmation stages