India’s quarterly GDP up 13.5% on pandemic rebound, below expectations

Follow-ups -eshrag News:

Wed, 2022-08-31 18:11

MUMBAI: A post-pandemic rebound saw India’s economy grow 13.5 percent in the June quarter, official figures showed on Wednesday, but the expansion was below forecasts thanks to the headwinds buffeting Asia’s third-largest economy.

The increase from the same quarter last year reflects a dramatic uptick in activity since mid-2021, when the peak of the country’s most devastating coronavirus wave began to recede.

Main category: 
Business & Economy

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