InvestorQ : How do you see the Q1 GDP numbers for the current FY23 fiscal year?
Dilmini Mercia made post

How do you see the Q1 GDP numbers for the current FY23 fiscal year?

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Dawn Cherian answered.
2 months ago
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The big Q1 GDP number is expected to be announced by MOSPI on 30th August, 2022. Most economists are now pencilling in Q1FY23 GDP growth at between 13% to 15.7%. However, the RBI has pegged the first quarter growth in GDP at 16.2% while even SBI Research is quite positive on the India growth story and are expecting 15.7% GDP growth in Q1FY23. ICRA is of the view that the GDP growth in the June quarter would be triggered by the services sector growing at 18%, even as manufacturing and agriculture hold their growth rates.

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