Sharp falls in the manufacturing and agriculture sectors have led Asia’s third-largest economy to grow only 5.3 per cent in the first three months of 2012, compared to 9.2 per cent growth a year earlier.
http://link.ft.com/r/ZE9K33/
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Thursday, May 31, 2012
Indian growth drops to 5.3%
Indian growth drops to 5.3% India’s economic growth fell below the psychologically significant six per cent level for the first time in three years, a clear sign that the country’s slowdown is deepening and affecting all sectors of the economy.
Sharp falls in the manufacturing and agriculture sectors have led Asia’s third-largest economy to grow only 5.3 per cent in the first three months of 2012, compared to 9.2 per cent growth a year earlier.
http://link.ft.com/r/ZE9K33/
Sharp falls in the manufacturing and agriculture sectors have led Asia’s third-largest economy to grow only 5.3 per cent in the first three months of 2012, compared to 9.2 per cent growth a year earlier.
http://link.ft.com/r/ZE9K33/
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