Friday, August 30, 2019

GDP growth falls to 5% in April-June quarter from 5.8% in January-March quarter

India's Gross Domestic Product (GDP) growth for the April-June (Q1) quarter slowed to 5 per cent from 5.8 per cent in the previous quarter (January-March), data released by government on Friday showed. The slowdown can be largely attributed to weak consumer demand and private investment, at a time when global trade frictions have dampened business sentiment.
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