Q1FY23 real GDP growth expected at about 9.5% YoY, says Motilal Oswal
Updated: 07 Jun 2022, 09:11 AM IST
TL;DR.Motilal Oswal highlighted that total consumption grew slowly at 8.3 percent YoY in Apr’22, dragged down by modest growth in government spending.
Even EAI-GDP grew at an eight-month high of 9.1 percent YoY (versus 7.7 percent YoY in Mar’22) driven by strong investments and private consumption expenditure, the brokerage firm added. Photo: Pixabay