GDP likely to grow at a healthy 7.5% in first quarter, say economists

Slightly lower than the seven-quarter high of 7.7% logged in the fourth quarter of 2017-18

India's economy is expected to grow at a healthy 7.5 per cent in the first quarter (Q1) of 2018-19 (FY19), lower than a seven-quarter high of 7.7 per cent in the fourth quarter (Q4) of 2017-18 (FY18), economists have said. 

Economic activity is expected to get a fillip from strong manufacturing activity and higher agricultural growth. Gross domestic product (GDP) had dipped to a low of 5.6 per cent in Q1 of FY18, due to initial problems with introduction of the goods and services tax (GST) and lingering impact of demonetisation. This will also make GDP growth in Q1FY19, look