Economic growth may have slowed to 3.5 pc in Q4 FY22: Report
Economic growth may have slowed to 3.5 pc in Q4 FY22: Report
The National Statistical Office (NSO) will release the fourth quarter numbers of fiscal 2022 on May 31. Icra's Chief Economist Aditi Nayar said Q4 was a challenging quarter, with the Omicron-fuelled third wave of Covid-19 arresting the momentum in contact-intensive services, and a pervasive pressure on margins from higher commodity prices.
The National Statistical Office (NSO) will release the fourth quarter numbers of fiscal 2022 on May 31. Icra's Chief Economist Aditi Nayar said Q4 was a challenging quarter, with the Omicron-fuelled third wave of Covid-19 arresting the momentum in contact-intensive services, and a pervasive pressure on margins from higher commodity prices.