At 5%, GDP growth hits over 6-yr low in Apr-June

The country's GDP growth slowed to an over six-year low of 5% in the April-June quarter, dragged down by manufacturing sector expansion of just 0.6%, sluggish financial services, farm and construction sectors and a slowdown in consumption. “The slowdown in growth is due to endogenous and exogenous factors,” said chief economic adviser Krishnamurthy Subramanian.

from Times of India https://ift.tt/2ZBzDqW
The country's GDP growth slowed to an over six-year low of 5% in the April-June quarter, dragged down by manufacturing sector expansion of just 0.6%, sluggish financial services, farm and construction sectors and a slowdown in consumption. “The slowdown in growth is due to endogenous and exogenous factors,” said chief economic adviser Krishnamurthy Subramanian. https://ift.tt/eA8V8J August 31, 2019 at 05:10AM https://ift.tt/2hJjhqE