Q2 GDP data today: India may see worst contraction among other economies

Mean forecasts put India's Q2 GDP contraction close to 10%; in Q1, the country's GDP number decline was steepest among G20 nations

India could well be the slowest-growing economy, among a list of 24 countries, in the July to September quarter. This is according to Q2FY21 gross domestic product (GDP) provisional data from various agencies.
 
The National Statistical Office will release the official estimate of India’s Q2 GDP numbers, on Friday.
 
Forecasts for the much-awaited figure range from a contraction of 7.8 per cent by the Bank of America, to a decline of 12.7 per cent by the National Council of Applied Economic Research (NCAER), with the mean being a 10.3 per cent fall in real GDP.
 
In the