India's Q3 FY20 GDP growth inches up 4.7%

In line with expectations, India's GDP growth rate bottomed out during the third quarter of the current fiscal and inched up to 4.7 per cent from 4.5 per cent reported for the previous quarter.

Gross domestic product grew by 4.7 percent in the third quarter of 2019-20, showed data released by the Central Statistics Office on Friday. This compares to a revised 5.1 percent growth in the second quarter. The first estimate had pegged second quarter growth at 4.5 percent. The upward revision follows a change in the national income data for FY19. 

 

 

 

( With inputs from IANS )