BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Real gross domestic product/gross value added grew 20.1%/18.8% YoY in Q1 FY22 (versus our forecast and the Bloomberg consensus of 21%/19.6%).
The number is also marginally lower than the Reserve Bank of India forecast of 21.4% YoY for Q1 FY22.
Growth in real GDP was largely attributable to 13.8% YoY growth in consumption and 56.7% YoY growth in gross capital formation.
Within consumption, it was mainly private consumption that grew 19.3% YoY in Q1 FY22, thus contributing 10.7% to overall GDP.
Government consumption, however, contracted 4.8% YoY in Q1 FY22 (versus 12.7% YoY in Q1 FY21), leading to a negative contribution of 0.8%.
Gross capital formation contributed 14.5% to overall GDP growth in Q1 FY22.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.