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.
Motilal Oswal Report
Real gross domestic product/gross value added grew 5.4%/4.7% YoY in Q3 FY22 (versus our forecast of 5.3%/5.2% and market consensus of 5.9%/5.7%).
Real consumption expenditure growth decelerated to 6.5% YoY in Q3 FY22 as against 10.1% each in Q1/Q2 FY22. Within consumption, while private consumption weakened to 7% YoY in Q3 FY22 (versus 10.2% YoY in Q2 FY22), government consumption expenditure slowed down to only 3.4% YoY versus 9.3% YoY.
Real gross capital formation (or investments) too weakened to 8.3% YoY in Q3 FY22 from a growth of ~27% YoY in Q2 FY22. Within investments, gross fixed capital formation grew a mere 2% YoY as compared to a growth of ~15% YoY in Q2 FY22. Additionally, faster growth in imports versus exports led to a negative contribution of 3.2% from foreign trade.
Click on the attachment to read the full report:
DISCLAIMER
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.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.