ICRANSEQ3 FY2023February 13, 2023

ICRA Limited

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7.2%
tation. www.icra.in 22 ICRA Insights 3 ICRA’s baseline forecasts GDP ₹ Real Growth FY2023: 7.2% FY2024: 6.0% Nominal Growth FY2023: 15.0% FY2024: 10.0% Source: ICRA Research ₹ Macro Outlook
6.0%
icra.in 22 ICRA Insights 3 ICRA’s baseline forecasts GDP ₹ Real Growth FY2023: 7.2% FY2024: 6.0% Nominal Growth FY2023: 15.0% FY2024: 10.0% Source: ICRA Research ₹ Macro Outlook INFLATION R
15.0%
ICRA’s baseline forecasts GDP ₹ Real Growth FY2023: 7.2% FY2024: 6.0% Nominal Growth FY2023: 15.0% FY2024: 10.0% Source: ICRA Research ₹ Macro Outlook INFLATION REPO RATE ₹ CPI Inflation FY20
10.0%
ne forecasts GDP ₹ Real Growth FY2023: 7.2% FY2024: 6.0% Nominal Growth FY2023: 15.0% FY2024: 10.0% Source: ICRA Research ₹ Macro Outlook INFLATION REPO RATE ₹ CPI Inflation FY2023: 6.6% FY202
6.6%
024: 10.0% Source: ICRA Research ₹ Macro Outlook INFLATION REPO RATE ₹ CPI Inflation FY2023: 6.6% FY2024: 5.2% WPI Inflation FY2023: 9.7% FY2024: 2-3% MPC to be extremely data dependent. Windo
5.2%
ource: ICRA Research ₹ Macro Outlook INFLATION REPO RATE ₹ CPI Inflation FY2023: 6.6% FY2024: 5.2% WPI Inflation FY2023: 9.7% FY2024: 2-3% MPC to be extremely data dependent. Window remains ope
9.7%
o Outlook INFLATION REPO RATE ₹ CPI Inflation FY2023: 6.6% FY2024: 5.2% WPI Inflation FY2023: 9.7% FY2024: 2-3% MPC to be extremely data dependent. Window remains open for further policy tighte
3%
ATION REPO RATE ₹ CPI Inflation FY2023: 6.6% FY2024: 5.2% WPI Inflation FY2023: 9.7% FY2024: 2-3% MPC to be extremely data dependent. Window remains open for further policy tightening if infla
6.4%
policy tightening if inflation exceeds MPC’s forecasts. FISCAL DEFICIT ₹ ₹ FD/GDP FY2023: 6.4% FY2024: 5.9% EXTERNAL ACCOUNT ₹ CAD FY2023: -3.2% of GDP FY2024: -3.5% of GDP www.icra.in
5.9%
ening if inflation exceeds MPC’s forecasts. FISCAL DEFICIT ₹ ₹ FD/GDP FY2023: 6.4% FY2024: 5.9% EXTERNAL ACCOUNT ₹ CAD FY2023: -3.2% of GDP FY2024: -3.5% of GDP www.icra.in 44 Near-term
3.2%
s. FISCAL DEFICIT ₹ ₹ FD/GDP FY2023: 6.4% FY2024: 5.9% EXTERNAL ACCOUNT ₹ CAD FY2023: -3.2% of GDP FY2024: -3.5% of GDP www.icra.in 44 Near-term outlook for economic activity remains uneve
3.5%
₹ ₹ FD/GDP FY2023: 6.4% FY2024: 5.9% EXTERNAL ACCOUNT ₹ CAD FY2023: -3.2% of GDP FY2024: -3.5% of GDP www.icra.in 44 Near-term outlook for economic activity remains uneven External demand is
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