India’s GDP Growth Slowed to 3.1% Last Quarter - News Summed Up

India’s GDP Growth Slowed to 3.1% Last Quarter


NEW DELHI—India said Friday that its gross-domestic-product growth slowed to an 11-year low last fiscal year as a nationwide coronavirus lockdown started to strangle the country’s already struggling economy. For the year that ended on March 31, India’s gross domestic product grew 4.2%, according to government data released Friday. The last time it was that low was the year through March 2009. In the quarter ended March 31, GDP growth was 3.1%, down from the previous quarter’s 4.1% expansion.


Source: Wall Street Journal May 29, 2020 13:18 UTC



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