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India Q1 GDP growth likely slowed for the third consecutive quarter: Poll

Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago in a Reuters poll of 46 economists

Photo: Bloomberg
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The economy grew at 20.3%, 8.5% and 5.4% in the first three quarters of the financial year, respectively, which could be revised. (Photo: Bloomberg)

Reuters Bengaluru
India's economic recovery from the COVID-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation, a Reuters poll showed.

Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago in a May 23-26 Reuters poll of 46 economists, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year, and a third consecutive quarter of weaker growth.

Rahul Bajoria, chief India economist at Barclays, pointed to the surge in COVID-19 infections caused by the

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 27 2022 | 8:56 AM IST

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