Wednesday, 29 February 2012
Q3 GDP grows at slowest in 2 years at 6.1%
Gross domestic product in Asia's third-largest economy grew at an annual 6.1% in the quarter to end-December, versus a Reuters poll estimating the number at 6.4%
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It is a significant slowdown from 6.9% in the previous quarter and marks the fourth straight quarter of growth below 8%.India's economy has been sluggish, with growth slowing to 7.7% in the April-June quarter and further to 6.9% in July-September.
It is a significant slowdown from 6.9% in the previous quarter and marks the fourth straight quarter of growth below 8%.India's economy has been sluggish, with growth slowing to 7.7% in the April-June quarter and further to 6.9% in July-September.
