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India's GDP growth slowed to 5% in Q2 from 5.8% in Q1, marking the lowest quarterly growth in over 6 years due to weak manufacturing and investment. Private consumption, which drives most of India's demand, grew at its weakest pace in nearly 2 years as rural distress continued. However, higher government spending kept overall growth from falling further.

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0% found this document useful (0 votes)
8 views1 page

Note

India's GDP growth slowed to 5% in Q2 from 5.8% in Q1, marking the lowest quarterly growth in over 6 years due to weak manufacturing and investment. Private consumption, which drives most of India's demand, grew at its weakest pace in nearly 2 years as rural distress continued. However, higher government spending kept overall growth from falling further.

Uploaded by

ak5775
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Note : Q1, Q2, Q3 & Q4 denote - April to June, July to September, October to December and January to March quarters,

respectively. Source : Central Statistics Office (CSO).

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