GDP growth higher than expectations, but no Covid-19 impact spoken of

Q3 GDP growth, which has come in at 4.7%, could be the precursor to an even higher growth number in Q4 which should be around 5%

The GDP numbers that have been released are significant for three reasons. First, the second advanced estimate does not expect growth to change from the earlier projection of 5 per cent for FY20 which is a comfort. Second, the impact of coronavirus has not been mentioned and hence it implies that is not likely to dent these numbers, which is a positive though the sceptic would remain uncertain on this issue. Third, for Q3, growth has come in at 4.7 per cent, which is higher than expectations and could be the precursor to the even higher growth number expected in