India: Q4 GDP expected to slow to 7.1% Y/Y - TDS

Sandeep Kanihama FXStreet Contributor

Research Team at TDS, expects India’s Q4 GDP growth by the consensus to slow slightly to 7.1% Y/Y from a prior 7.4%.

Key Quotes

“As a result of slackening agricultural and industrial growth, though we would expect a slightly better 7.2%. The 2016/17 budget, due on 29 Feb, is likely to contain steps to accelerate economic growth and maintain discipline, enough to allow the RBI to ease again before mid-year. In any event, in our 2016 projections, India remains the fastest growing of the major EM economies.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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