Monday, August 30, 2021

Resilient demand keeps driving India’s world-beating growth

The big pop, however, will likely obscure a slowing from the previous quarter, caused by activity curbs to stem the second wave of the virus. While the government doesn’t report an official quarter-on-quarter figure, Bloomberg Economics estimates the economy slumped sequentially, contracting 12% from the January-March period.

from Economy-News-Economic Times https://ift.tt/3DAprjU
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