What next after mining\, manufacturing pull down GDP data?

What next after mining, manufacturing pull down GDP data?

GDP figures for October-December 2018 quarter will reflect both the stress in the financial services sector as also the corporate sector's festival earnings.

A K Bhattacharya 

A K Bhattacharya

At the end of the day, the Central Statistics Organisation (CSO), which released the gross domestic product (GDP) data for the July-September quarter of 2018 on Friday, proved that all forecasters were a little optimistic. The final official print was a few decimal points lower than what the country’s top institutions had forecast.

The consensus estimate (based on forecasts by SBI, CRISIL, CARE Ratings, India Ratings and ICRA) had put the GDP growth figure at 7.4 per cent. CSO’s figure was 7.1 per cent, much lower than the 8.2 per cent figure for the April-June ...

Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked.

Total Amount
Rs. 149.00
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information
First Published: Fri, November 30 2018. 20:00 IST