08-May-2024
Economy News
 
Strong pent-up demand, higher capex spending aided growth: Q2 GDP growth seen around 6.5%
26-Nov-2022

The pace of economic growth is seen to have moderated in the July-September 2022 quarter as the base effect wore off but there continued to be strong pent-up domestic demand and higher capital spending by the government. Most analysts have pegged GDP growth at about 6.5% for the second quarter of the fiscal even as they have scaled down their forecast for the financial year 2022-23 to about 7%.

News Source:- https://www.financialexpress.com/economy/strong-pent-up-demand-higher-capex-spending-aided-growth-q2-gdp-growth-seen-around-6-5/2892260/
 
 
 

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