economic policy & Labour

Consumption Growth Slows but Corporates Bag High Profits

THE recent press release by the National Statistical Office on the provisional estimates of National Income quarterly estimates for the fourth quarter (January to March) together with the provisional estimates for the year 2022-23 deserves attention. It provides estimates for GDP and related figures of 2022-23 in current and constant 2011-12 prices with the corresponding figures of 2020-21 (2nd Revised estimates) and of 2021-22 (1st Revised Estimates).

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