4 Reasons Why India's GDP Growth Has Slowed Down | India GDP Data
Автор: NDTV Profit
Загружено: 2024-11-29
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India's gross domestic product grew at the slowest pace in seven quarters, led by slower growth across the industrial sector. The gross domestic product grew 5.4% in the July-September quarter, compared to 6.7% in the April-June quarter, according to the latest estimates released by the government's statistical office on Friday. Gross Value Added, which strips out indirect tax and subsidies, is estimated to have grown 5.6%, compared to 6.8% in the preceding quarter. On a nominal basis, GDP grew by 8%. GDP was estimated to grow 6.5% in the second quarter, according to economists polled by Bloomberg. GVA growth was pegged at 6.3%. The growth is also slower than the Reserve Bank of India's estimate of 7%.
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