India’s GDP rose 13.5 per cent in June 2022 quarter

New Delhi: India’s gross domestic product (GDP) rose 13.5 per cent in the June 2022 quarter (Q1FY23) as compared with 20.1 per cent in Q1 2021-22, according to the latest official data released today. The country’s GDP had grown at 4.1 per cent in the previous quarter (Q4FY22).

“Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in Q1 2022-23 is estimated to attain a level of Rs 36.85 lakh crore, as against Rs 32.46 lakh crore in Q1 2021-22, showing a growth of 13.5 per cent as compared to 20.1 per cent in Q1 2021-22,” according to an official statement.

According to the latest data released by the National Statistical Office (NSO), during April-June 2022, the country’s nominal GDP (which factors in inflation) jumps 26.7 per cent as against 32.4 per cent in Q1 2021-22.