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Friday, March 1, 2019

GDP growth falls to 6.6% in Q3, slowest in five quarters

India's GDP growth for the October-December (Q3) slowed to 6.6% from 7% in the previous (July-September) quarter, government data showed on Thursday. This is the slowest GDP growth rate in five quarters since July-September 2017, dragged by weak consumer demand. Consumer spending, which accounts for near 60% of the economy, slowed to an 8.4%.

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