5.4%: Q2 GDP growth slowest in seven quarters
Nov 30, 2024 4:56 AM IST
India's GDP grew 5.4% in Q3, below forecasts, due to weak manufacturing and consumption amid high inflation and borrowing costs.
From a sector-wise perspective, the loss of economic momentum is essentially rooted in what is called the secondary sector which comprises manufacturing, construction and electricity, gas, water supply and other utility services.
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