Followers

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%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2H359Vj

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...