ru24.pro
News in English
Август
2024

Q1 growth seen in slow motion on manufacturing slump, lower government spending amid polls

0
India's growth in Q1 FY25 slowed to a median 6.85%, impacted by lower urban consumption, weakened manufacturing, and reduced government spending during elections. Economists anticipate recovery in subsequent quarters despite an uneven monsoon and tepid commodity gains. The government will release detailed growth data by August 30.