GDP numbers a positive surprise; construction lynchpin of growth since Q3: SBI
India’s economy grew 8.7% in FY22 against the NSO's earlier estimate of 8.9%. The Q4 FY22 GDP grew 4.1%, while the GVA growth for FY22 was 8.1%.
fy22 gdp growth
June 2022
May 2022
FY22 GDP growth to be at 8.2-8.5%; uncertainties plague Q4 numbers: SBI
The gap between GVA and GDP numbers in Q4 due to strong growth in tax collections could push up the GDP significantly, even as GVA might be much lower, says SBI report.
