GDP Data for 4th Quarter: The financial development price of the nation has been between January and March within the fourth quarter (4th Quarter) of the monetary 12 months 2021-22. Whereas earlier within the fourth quarter of the monetary 12 months 2020-21, the GDP development price was 1.6 %. Whereas in 2021-22 the GDP has been … whereas within the 2020-21 monetary 12 months the GDP was detrimental (-)7.3 %. Earlier, within the monetary 12 months 2021-22, the Central Statistics Office (CSO) had projected the GDP to be 9.2 %.

GDP within the fourth quarter
GDP within the fourth quarter of 2021-22 as a result of Corona epidemic and world causes. Whereas it was 20.1 % within the first quarter, 8.4 % within the second quarter and 5.4 % within the third quarter. The figures have been launched by the Ministry of Statistics and Program Implementation. It is believed that as a result of knocking of the Omicron variant of the corona epidemic between January and March and the rise in commodity costs as a result of ongoing struggle between Russia and Ukraine, the nation’s financial development is believed to decelerate within the fourth quarter. Due to which the GDP development price has been low.

situation of sectors
In the info launched by NSO, it has been stated that within the fourth quarter of the monetary 12 months 2021-22, the expansion of the manufacturing sector was per cent. It was 6.9 % in the identical quarter of the final monetary 12 months. The development price of the agriculture sector stood at 3.1 % in the identical quarter final 12 months. The development price of the development sector has been .. as in comparison with 14.5 % in the identical quarter final 12 months. Similarly, providers associated to commerce, resort, transport, communication and broadcasting noticed a proportion improve. Whereas in the identical quarter final 12 months – it was 2.5 %. Similarly, monetary, actual property {and professional} providers noticed a proportion improve.