GDP To Expand 0.08% In December Quarter, Growth Pegged At 8.5%: Barclays

As a result of a decrease in COVID-19 cases and an uptick in high-frequency economic data, the country's gross domestic product (GDP) is expected to return to expansion territory in the October-December quarter, growing by 0.8 per cent year-on-year (YoY), according to multinational bank Barclays. Hit by the COVID-19 pandemic and the nationwide lockdown imposed by the government in late March last year to control the spread of infecti...