Taking a look at some high-frequency indicators for January-February

CEA V Anantha Nageswaran had said that to get to 7 percent GDP growth in FY23, the January-March quarter will have to register a 5.1% real GDP growth

When the October-December quarter official gross domestic product (GDP) growth figures came in at 4.4 per cent – below market expectations – it cast some doubts over whether the economy would grow at 7 per cent in the current financial year (FY23), which was the official advance estimate by the National Statistical Office.

Chief Economic Advisor V Anantha Nageswaran had said that to get to 7 per cent GDP growth in FY23, the January-March quarter (Q4) will have to register a 5.1 per cent real GDP growth. “Even if we get 4.4 per cent in Q4, the same as Q3,