Ukraine war, inflation restrict Q4 GDP growth at 4.1%, FY22 growth at 8.7%
This brings India's GDP growth for the March quarter to an one-year low despite managing to outdo expectations by most analysts.
gdp of india
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Inflation, supply crunch amid Ukraine war dampen India growth projections
The GDP growth projections range between 5.4% and 9.1%, but there is near-consensus that high inflation and rate hikes will affect India’s economic growth.
India to grow at 4.6% in 2022: UNCTAD
The trade body said India will face restraints on several fronts due to the Russia-Ukraine war.
Moody’s upgrades 2022 India GDP forecast to 9.5%
Sales tax collection, retail activity and PMIs suggest solid momentum, but high oil prices and supply distortions remain a drag on growth, Moody's says.
India GDP to grow 8.3% in FY22, says World Bank; 1.2% lower than govt estimate
Even though the recovery is yet to become broad-based, Indian economy should benefit from the resumption of contact-intensive services, World Bank said.
