Q3 growth may have slowed to 6.6%: Poll
Mint Mumbai|February 27, 2024
Several factors including a weakening in the government’s capital expenditure impetus, muted industrial output growth, and an uneven monsoon may have slowed down India’s economic growth in the third quarter (October-December) of FY24.
Payal Bhattacharya

Median estimates of 17 economists polled by Mint showed that GDP growth is likely to be 6.6% in Q3, lower than the 7.6% reported in the previous quarter by the statistics ministry.

The official GDP data for Q3 is scheduled to be released on Thursday. Should GDP growth come in as projected by Mint, it would be roughly in line with the 6.5% predicted by the Reserve Bank of India (RBI) in December.

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