GDP may grow 6.7-6.9% in Q3, economists say ahead of CSO estimates

The GDP growth rate is likely to further decelerate in the third quarter of the current financial year, as compared to the first two quarters. 

Economists with independent agencies have pegged it at 6.7-6.9% against 8.2% for the first quarter and 7.1% for the sec­ond. Only EY India pegged it at 7.3-7.4%. The growth rate, along with the second advance estimates for FY19, are set to be released by the Central Statistics Office on Thursday. 

Most economists also projected the entire FY19 GDP growth rate at 7.2%, the same as the first advance estimates. This was despite the fact that 2017-18 GDP