Sunday, August 30, 2009

India’s GDP Grows 6.1%, Accelerating for First Time Since 2007

Aug. 31 (Bloomberg) -- India’s economic growth accelerated for the first time since 2007, indicating the global recession’s impact on Asia’s third-largest economy is waning.

Gross domestic product expanded 6.1 percent in the three months to June 30 from a year earlier after a 5.8 percent gain in the previous quarter, the Central Statistical Organisation said in New Delhi today. That was less than the median 6.2 percent forecast in a Bloomberg News survey of 27 economists.

Click here for more detail from Bloomberg

No comments:

Post a Comment