India's GDP for June-September quarter falls to 4.5%, lowest in 6 years
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At 4.5, India's Q2 GDP for the months June-September slipped from 5 per cent in the previous quarter of the current fiscal year.
India's Gross Domestic Product (GDP) growth for quarter 2 (Q2) slipped to a six-year low, government data showed on Friday.
At 4.5 per cent, India's Q2 GDP for the June-September quarter slipped from 5 per cent in the previous quarter of the current fiscal year.
India's economic growth was measured at 7 per cent for the July-September quarter a year earlier.
Government of India: Quarter 2 Gross Domestic Product (GDP) showing a growth rate of 4.5% https://t.co/ysSTQ3rZAH
— ANI (@ANI) November 29, 2019
Meanwhile, the country's infrastructure output also contracted for the second consecutive month to 5.8 per cent in October from a year earlier, lowest since at least April 2012, news agency Reuters reported.
During April-October, output grew 0.2 per cent from the year-ago period, according to the data.
Infrastructure output comprises eight sectors such as coal, crude oil and electricity and accounts for nearly 40 per cent of the country's industrial output.