Wednesday 30 August 2017

GDP Data For Q1FY18 Out Today: Experts Expect Growth At 6%

Gross domestic product (GDP) numbers for the April-June 2017 quarter will be released later in the day today. Sandwiched between the government’s demonetisation programme and the implementation of the goods and services tax (GST), most experts expect the GDP print to be around six per cent.

The economy clocked a 6.1 per cent growth rate in the January–March period. its lowest pace of growth in the past nine quarters, mainly due to demonetisation.
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