We believe the disconnect between macros (US, Europe economy, moderation in demand etc.) and micros (commentaries from management) will likely continue in Q1FY23 as well. The key metrics to track in Q1FY23 will be: 1) Hiring momentum (Accenture hiring momentum has been moderated: net addition of 11,928 employees (2% QoQ) vs ~40K average net addition per quarter in the last four quarters), 2) commentary on large deal win momentum, 3) pricing (our assumption remains intact of no pricing gains in FY23), and 4) revenue growth of top clients,core verticals.