London (CNN Business) Three years ago, India was enjoying economic growth of about 9%. GDP growth was at 7% in the same period last year, and 5% in the previous quarter. Economic growth has now fallen for six consecutive quarters, a slide that can be partially attributed to the recent weakness of India's factories. The manufacturing sector shrank 1% last quarter, compared to 6.9% growth during the same period a year ago. The growth rate for agriculture was more than cut in half.
Source: CNN November 29, 2019 13:30 UTC