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India's Q3 GDP likely to be 6.7%, says SBI report

Updated : February 25, 2019 05:18 PM IST

The weak infrastructure activity, based on the previous Index of Industrial Production (IIP), is one of the key reasons for the bank to predict the 6.7 percent GDP growth rate.
"We believe that the GDP deflator which is presently at 4.1 percent, could be revised downwards by at least 50 basis points, thus pushing the GDP close to 7.2 percent in FY19," the bank said in its report.  
India's Q3 GDP likely to be 6.7%, says SBI report

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