BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Nominal gross domestic product grew 19.1% in CY21, while real GDP was reported to have grown only 8.3% (still the fastest in the G20, the fourth year India was the world’s fastest-growing large economy in the past seven and 75 years).
The GDP deflator (up 10.8%YoY) rose even faster than the reported rise in Wholesale Price Index in CY21 (10.7%); the largest component of GDP (private consumption expenditure, about 60% of GDP) saw its official deflator rise 7.7% in CY21, improbably faster than the 5.1% rise in Consumer Price Index.
Real GDP was, in our view, under-estimated considerably in CY21 because the deflators were inaccurate.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
RECOMMENDED FOR YOU
POPULAR