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Below is Perspective on Q4 GDP Data By Mr. Raghvendra Nath, MD, Ladderup Wealth Management

“FY22 Q4 GDP figures were expected to fall to below 4% but have managed to stay at 4.1%. The fall in GDP figures was expected especially due to the slowdown in the rural economy as higher input costs weigh on agricultural outputs. Supply chain disruptions continued to affect our economy. The FY22 GDP figure of 8.7% was in line with the estimates. The high growth figure is mainly due to the low base effect. Though inflation still poses a threat to our economy, RBI will continue to take steps and measures to control it. Unless the food and oil prices rise further, Indian companies have reported strong figures, which would help sustain the growth momentum in the future.”

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