Q4FY20 GDP growth expectation: How bad will Covid-19 impact the economy?

The common thread that runs through these estimates is the fact that the economy is headed towards a recessionary phase

The gross domestic product (GDP) figures for the January - March 2020 quarter (Q4FY20 / Q1CY20) to be released on Friday could perhaps give a glimpse of the severity of the impact of the nation-wide lockdown imposed by the government in the wake of Covid-19 pandemic. The numbers, which are likely to come in post-market hours on Friday, will start to reveal the pain economy had to undergo as Covid-19 brought all activity to a standstill from the last week of March 2020.

While estimates vary across brokerages and economists, the common thread that runs through these estimates is the