GDP growth to slow down to 6.5% in Q3: Icra

Industrial growth is expected to slow down to 4% in Q3FY17, down from 8.6% for Q3FY16

Economic growth is likely to have slowed down to 6.5 per cent in the third quarter (Q3) of 2016-17, down from 7.2 per cent in the third quarter of 2015-16, as economic activity is likely to have been disrupted after demonetisation, says Icra. 

Gross domestic product (GDP) grew by 7.3 per cent in the second quarter of FY17. GDP estimates for the third quarter are due to be released on February 28 by the Central Statistics Office (CSO).

Gross value added (GVA), which excludes product taxes and subsidies, is expected to slow down to 6.2 per cent in Q3FY17, down