{"id":4244,"date":"2022-05-31T17:36:00","date_gmt":"2022-05-31T12:06:00","guid":{"rendered":"http:\/\/13.235.158.174\/hfc\/?p=4244"},"modified":"2024-05-08T17:40:33","modified_gmt":"2024-05-08T12:10:33","slug":"economic-growth-in-line-with-expectation-in-fy22-the-fy23-outlook-clouded-by-spillover-from-global-developments","status":"publish","type":"post","link":"http:\/\/43.204.86.36\/hi\/economic-growth-in-line-with-expectation-in-fy22-the-fy23-outlook-clouded-by-spillover-from-global-developments\/","title":{"rendered":"Economic growth in line with expectation in FY22; the FY23 outlook clouded by spillover from global developments"},"content":{"rendered":"<p>The pace of India&#8217;s economic recovery slowed in Q4 FY22 due to the continued normalization of the base effect and the possible impact of several factors including Omicron-led disruptions, supply chain issues, and surging global commodity prices. In Q4 FY22, real GDP grew by 4.1% YoY, supported by investment, exports, and private consumption. For FY22, the real GDP grew by 8.7% YoY, in line with our projection. We project real GDP growth to be around 7% YoY in FY23. Downside risks persist in the form of spillover from global growth slowdown, high commodity prices, rising domestic inflation, and expected monetary policy tightening by the RBI.<\/p>","protected":false},"excerpt":{"rendered":"<p>The pace of India&#8217;s economic recovery slowed in Q4 FY22 due to the continued normalization of the base effect and the possible impact of several factors including Omicron-led disruptions, supply chain issues, and surging global commodity prices. In Q4 FY22, real GDP grew by 4.1% YoY, supported by investment, exports, and private consumption. For FY22, [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,6],"tags":[],"class_list":["post-4244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-macro-economic-monitor","category-research-reports","macro-economic-monitor","research-reports"],"acf":[],"_links":{"self":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/comments?post=4244"}],"version-history":[{"count":3,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4244\/revisions"}],"predecessor-version":[{"id":4254,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4244\/revisions\/4254"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/media\/3973"}],"wp:attachment":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/media?parent=4244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/categories?post=4244"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/tags?post=4244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}