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Friday 30 August 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / GDP growth falls to 5% in April-June quarter from 5.8% in January-March quarter

GDP growth falls to 5% in April-June quarter from 5.8% in January-March quarter

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India's Gross Domestic Product (GDP) growth for the April-June (Q1) quarter slowed to 5 per cent from 5.8 per cent in the previous quarter (January-March), data released by government on Friday showed. The slowdown can be largely attributed to weak consumer demand and private investment, at a time when global trade frictions have dampened business sentiment.

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