You are here

India's annual economic growth slows to 7% in Dec quarter

[NEW DELHI] India's annual economic growth slowed to 7.0 per cent in the three months through December from a revised 7.4 per cent expansion in the previous quarter, government data showed on Tuesday.

Analysts polled by Reuters had forecast 6.4 per cent growth for the October-December period.

The federal statistics office also retained the growth forecast for the fiscal year ending in March 2017 at 7.1 per cent.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom