India’s GDP growth further dips to 4.5% in July-Sept

India’s GDP growth hit an over six-year low of 4.5 percent in July-September 2019, dragged mainly by the deceleration in manufacturing output and subdued farm sector activity. The Gross Domestic Product (GDP) growth was recorded at 7 percent in the corresponding quarter of FY 2018-19. In the previous quarter of the ongoing fiscal, economic growth was 5 percent.

This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13 when it was registered at 4.3 percent.

Source- The Asian Page

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