Q4 GVA growth may improve to 7-7.3% from 6.7% in Q3: economists

The Q4 results will be released by the CSO at the end of the month

The economic activity is likely to have gained momentum in the fourth quarter (Q4) of 2017-18 (FY18), notwithstanding the deceleration in industrial growth in March. 

Economists expect gross value added (GVA) to grow between 7-7.3 per cent in Q4FY18, up from 6.7 per cent in the third quarter (Q3) of FY18. Gross domestic product (GDP) is expected to grow between 7.2-7.4 per cent in Q4FY18, from 7.2 per cent in Q3FY18.

By comparison, working backward from the second Advance Estimates released by the Central Statistics Office (CSO), GVA was pegged to grow at 6.9 per cent in Q4FY18, while GDP growth was