Indian economy grows 7.1 pct y/y in Sept quarter - govt

December 01, 2018 / in.investing.com / Article Link

NEW DELHI, Nov 30 (Reuters) - India's economy grew a lower-than-expected 7.1 percent in the July-September quarter from a more than two-year high of 8.2 percent in the previous quarter, government data showed on Friday.

The latest quarter's annual pace of growth was lower than a Reuters poll forecast of 7.4 percent.

India's $2.6 trillion economy, Asia's third largest, grew 6.3 percent in the July-September quarter of 2017, the data released by the statistics ministry showed.

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