Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna     </title>
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India&#39;s gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..."/>
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India&#39;s gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..." />
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                            <p>Financial Express</p><p>India&#39;s <a href="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf" title="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf">gross domestic product</a> in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government data showed on Tuesday. India&rsquo;s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics and Programme Implementation said.</p><p>&quot;The loss in growth momentum is due to fading away of favorable base effect, slowdown in pent up demand due to high inflation &amp; interest rates and contraction in manufacturing sectors. Some of the high frequency indicators were already pointing at muted growth for the quarter vs Q2, hence, lower GDP growth rate in Q3 didn&rsquo;t come as a surprise,&rdquo; said Ritika Chhabra, Quant Macro Strategist, Prabhudas Lilladher PMS.&nbsp;</p><p>Manufacturing contracted in the third quarter, with the growth coming in at -1.1 percent. Meanwhile, Q3 sgricultural growth was 3.7 percent, mining grew at 3.7 percent, while trade, hotels, transport and telecom growth clocked in at 9.7 percent year-on-year.</p><p>Further, growth in GDP for the full year 2022-23 is estimated at 7.0 per cent on-year, slowing significantly from 9.1 per cent annual expansion seen in the previous year 2021-22.</p><p>Please <a href="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/" title="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/">click here</a> to read the news article<br />Please <a href="/upload/files/Q3%20GDP%20Report.pdf" title="/upload/files/Q3%20GDP%20Report.pdf">click here</a> to read the GDP data&nbsp;<br />&nbsp;</p>                                                           
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                            <p>Financial Express</p><p>India&#39;s <a href="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf" title="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf">gross domestic product</a> in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government data showed on Tuesday. India&rsquo;s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics and Programme Implementation said.</p><p>&quot;The loss in growth momentum is due to fading away of favorable base effect, slowdown in pent up demand due to high inflation &amp; interest rates and contraction in manufacturing sectors. Some of the high frequency indicators were already pointing at muted growth for the quarter vs Q2, hence, lower GDP growth rate in Q3 didn&rsquo;t come as a surprise,&rdquo; said Ritika Chhabra, Quant Macro Strategist, Prabhudas Lilladher PMS.&nbsp;</p><p>Manufacturing contracted in the third quarter, with the growth coming in at -1.1 percent. Meanwhile, Q3 sgricultural growth was 3.7 percent, mining grew at 3.7 percent, while trade, hotels, transport and telecom growth clocked in at 9.7 percent year-on-year.</p><p>Further, growth in GDP for the full year 2022-23 is estimated at 7.0 per cent on-year, slowing significantly from 9.1 per cent annual expansion seen in the previous year 2021-22.</p><p>Please <a href="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/" title="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/">click here</a> to read the news article<br />Please <a href="/upload/files/Q3%20GDP%20Report.pdf" title="/upload/files/Q3%20GDP%20Report.pdf">click here</a> to read the GDP data&nbsp;<br />&nbsp;</p>                                                           
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India&#39;s gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..." />
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                            <p>Financial Express</p><p>India&#39;s <a href="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf" title="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf">gross domestic product</a> in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government data showed on Tuesday. India&rsquo;s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics and Programme Implementation said.</p><p>&quot;The loss in growth momentum is due to fading away of favorable base effect, slowdown in pent up demand due to high inflation &amp; interest rates and contraction in manufacturing sectors. Some of the high frequency indicators were already pointing at muted growth for the quarter vs Q2, hence, lower GDP growth rate in Q3 didn&rsquo;t come as a surprise,&rdquo; said Ritika Chhabra, Quant Macro Strategist, Prabhudas Lilladher PMS.&nbsp;</p><p>Manufacturing contracted in the third quarter, with the growth coming in at -1.1 percent. Meanwhile, Q3 sgricultural growth was 3.7 percent, mining grew at 3.7 percent, while trade, hotels, transport and telecom growth clocked in at 9.7 percent year-on-year.</p><p>Further, growth in GDP for the full year 2022-23 is estimated at 7.0 per cent on-year, slowing significantly from 9.1 per cent annual expansion seen in the previous year 2021-22.</p><p>Please <a href="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/" title="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/">click here</a> to read the news article<br />Please <a href="/upload/files/Q3%20GDP%20Report.pdf" title="/upload/files/Q3%20GDP%20Report.pdf">click here</a> to read the GDP data&nbsp;<br />&nbsp;</p>                                                           
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    <br><a href='/experts.php' class='re'>Tanya Krishna, Financial Express, 28 February, 2023</a><div class="clear"></div>
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Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna

Published on Mar 2, 2023   Modified on Mar 2, 2023

Financial Express India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government data showed on Tuesday. India’s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics and Programme Implementation said. "The loss in growth momentum is due to fading away of favorable base effect, slowdown in pent up demand due to high inflation & interest rates and contraction in manufacturing sectors. Some of the high frequency indicators were already pointing at muted growth for the quarter vs Q2, hence, lower GDP growth rate in Q3 didn’t come as a surprise,” said Ritika Chhabra, Quant Macro Strategist, Prabhudas Lilladher PMS.  Manufacturing contracted in the third quarter, with the growth coming in at -1.1 percent. Meanwhile, Q3 sgricultural growth was 3.7 percent, mining grew at 3.7 percent, while trade, hotels, transport and telecom growth clocked in at 9.7 percent year-on-year. Further, growth in GDP for the full year 2022-23 is estimated at 7.0 per cent on-year, slowing significantly from 9.1 per cent annual expansion seen in the previous year 2021-22. Please click here to read the news article Please click here to read the GDP data

Tanya Krishna, Financial Express, 28 February, 2023

Tagged with: India GDP Gross Domestic Product Economic Growth Inflation Agriculture

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