Perspective on Q4 GDP Data By Mr. Vivek Rathi, Knight Frank India
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Below is Perspective on Q4 GDP Data By Mr. Vivek Rathi, Director Research, Knight Frank India.
“Global spill overs of supply shortages, crude oil shock and higher input costs thwarted India’s growth momentum in 4Q FY22. The impact of these factors was widely witnessed in high frequency mining, manufacturing, and construction indicators. So far in FY23, recovery in India’s domestic macros have been resilient to risks arising from global developments; however, supply side challenges and inflation spikes, which could dampen consumption and investments in the economy, poses near term risk to India’s economic growth.”
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