A survey by The Wall Street Journal shows that the Indian economy may grow by 7.45% from October to December.

According to a survey of ten economists conducted by The Wall Street Journal, the median estimate is that the Indian economy may grow by 7.45% year-on-year in the October-December period, which is lower than the 8.2% growth in the previous quarter. Citigroup investment research analysts stated in a report that high frequency data continues to show resilience in growth for this quarter, but the release of the new GDP series has added significant uncertainty to the forecasts. The new series will be based on the years from April 2022 to March 2023, while the current series is based on the years 2011-2012. The research department of Goldman Sachs wrote in a report that strong service and manufacturing activities may have supported growth in this quarter. The GDP data will be released on Friday.