Reuters has reported that economists polled by the news wire have a median forecast of 1% on-year growth for the March quarter—up from 0.4% in the previous quarter.
India’s economy is expected to have improved in the three months that ended in March—but analysts have trimmed growth expectations for the current quarter that ends in June.
It comes as India continues to battle a devastating second wave of Covid-19 cases.
Gross domestic product for the January to March period—India’s fiscal fourth quarter—is due Monday around noon GMT. India’s fiscal year starts in April and ends in March the next year.
Reuters reported that economists polled have a median forecast of 1% on-year growth for the March quarter—up from 0.4% in the previous quarter. However, economists are less upbeat about the current quarter ending in June.