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Q2 GDP Growth: Bad But How Bad?
Economists believe that the high-frequency data is suggesting growth will weaken further in the second quarter.
27 Nov 2019, 08:48 AM IST
India’s economic growth plunged to a six-year low in the first quarter of 2019-20, dragged down by stagnating investments and a sharp fall in consumption. Since then, core sector industries have shown the steepest contraction in 14 years, core inflation —an indicator of demand conditions—has fallen to a two-year low and exports and imports have weakened.Economists believe that growth will weaken further in the second quarter but may ...
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