Economists expect GVA rise in December quarter, data due tomorrow

Expectation of 6.8% against 6.1% in Q2

Economic activity is likely to have gained momentum in the third quarter of 2017-18, aided by higher industrial growth and central government spending.

Gross value added (GVA) is expected to grow 6.8 per cent in the third quarter of 2017-18, up from 6.1 per cent in the second quarter of 2017-18, say economists. It was 5.6 per cent in the first quarter. Investment activity is also likely to see a pick-up in the quarter ended December.
 

The Central Statistics Office (CSO) is slated to issue the numbers for the third quarter (Q3) on Wednesday, as well as the second advance