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India's GDP growth may have declined to 3.5% in Q4: ICRA
short by Ananya Goyal / on Monday, 23 May, 2022
India's GDP growth may have slowed down to 3.5% in Q4 FY22 from 5.4% in the previous quarter, rating agency ICRA said. The GVA seems to have risen even slower at 2.7% in Q4, compared to 4.7% in Q3, ICRA added. It cited impact of higher commodity prices on margins and decline in wheat yields, among others, as the reasons.
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