Will Q3FY20 GDP numbers surprise today? Here's what analysts expect

Despite the number of measures by the Government and the RBI, the leading indicators available till the quarter ended December, 2019 are not particularly robust

reforms, economy, growth,policy, manufacturing, budget, fiscal, stimulus, deficit
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Puneet Wadhwa New Delhi
As the Central Statistics Office (CSO) gets ready to announce the gross domestic product (GDP) numbers for the third quarter ended December 2019 (Q3FY20) on Friday, most experts peg the number closer to 5 per cent. This is despite the slew of measures announced by the government over the past few months to help revive growth.

Analysts at Nomura, for instance, had expected the GDP growth to slow further to 4.3 per cent in Q4 2019 from 4.5 per cent in Q3, and predicted a below-trend growth of 5.7 per cent in FY21 from 4.7 per cent in FY20. 


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First Published: Feb 27 2020 | 7:35 AM IST

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