Monday, August 8, 2022
HomeEconomyIndia's Q2FY22 GDP growth likely at 7.8-9.6% YoY on demand improvement, service...

India's Q2FY22 GDP growth likely at 7.8-9.6% YoY on demand improvement, service sector rebound, vaccination: Reports

While Barclays forecasts the GDP expansion at 9.6% YoY in Q3CY21 (July-September or Q2 of fiscal year 2021-22) aided by a strong rebound in service sector, HDFC Bank estimated the July-September GDP growth at 7.8% y-o-y. SBI forecasts GDP growth for Q2 FY22 to be around 8.1% 
source

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