Economists' expectations of GDP growth: From 6.1% to 6.7% for Q1

GDP data for the first quarter are expected by the end of this month

The economy is likely to expand in the range 6.1-6.7 per cent in the first quarter (Q1) of the current financial year (FY18), largely on the back of agriculture and government expenditure, against 6.1 per cent in the fourth quarter (Q4) of the previous financial year (FY17).

Icra expects gross domestic product (GDP) to rise 6.1 per cent in Q1 of FY18, the same rate as in Q4 of 2016-17, says its Principal Economist Aditi Nayar. 

However, she expects gross value added (GVA), the summation of agriculture, industry, and services, to grow by 6.3 per cent due to a sharp increase in