HALISTER1: India 1Q GDP Due in 5 Mins; Est. Y/y 7.5% vs Prev. 7.3%

India 1Q GDP Due in 5 Mins; Est. Y/y 7.5% vs Prev. 7.3%

(Bloomberg) -- India due to release 1Q GDP.
  • 1Q GDP y/y est. 7.5% vs prev. 7.3%
  • 1Q GDP annual est. y/y 7.5% vs prev. 7.6%
  • 1Q GVA y/y est. 7.4% vs prev. 7.1%
  • INDIA GDP PREVIEW: Services Drive Recovery, May Spur RBI to Hold
  • NOTE: USD/INR may consolidate between 50- and 100-DMA near term if India’s 1Q GDP matches est., Bloomberg strategist David Finnerty writes.
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Source: BFW (Bloomberg First Word)

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