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India: Growth expected to show muted fillip in FY2019
The Central Statistics Office expects GDP growth to pick up to 7.2% YoY in FY2019 from 6.7% YoY in FY2018, while GVA growth is expected to clock 7.0% YoY as compared to 6.5% YoY in the last fiscal. Since GDP growth in H1 FY2019 has been ~7.6% YoY, growth is expected to slow down to ~6.8% YoY in the second half of the ongoing fiscal.
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