India's GDP growth slips further to 4.5% in Q2FY20: Is the recovery in sight? | Economic Times

India's second quarter GDP growth slowed sharply to 4.5 per cent, the weakest pace in more than six years, as manufacturing output hit a slump and consumer demand as well as private investment weakened. The GDP expansion rate moderated from 5 per cent recorded in April-June 2019 and is much weaker than the 7 per cent growth registered in July-September 2018, according to official data released Friday. The major factor in the GDP fall was manufacturing contracting by 1 per cent. A separate data showed core infrastructure industries' output declining 5.8 per cent in October, the biggest contraction since at least 2005. ET's Opinion Editor TK Arun shares his views on Q2 GDP data. (Text: PTI)

► Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTimes?sub_confirmation=1

► More Videos @ ETTV - http://economictimes.indiatimes.com/TV

► http://EconomicTimes.com

► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/EconomicTimesApp

Follow ET on:

► Facebook - https://www.facebook.com/EconomicTimes
► Twitter - http://www.twitter.com/economictimes
► LinkedIn - http://www.linkedin.com/company/economictimes
► Instagram - https://www.instagram.com/the_economic_times
► Flipboard - https://flipboard.com/@economictimes

Watch India's GDP growth slips further to 4.5% in Q2FY20: Is the recovery in sight? | Economic Times With HD Quality

#businessnews#economynews#economictimes#NirmalaSitharaman#EconomicTimesVideos#Modigovernment#financeministry#indianeconomy#Economicslowdown#grossdomesticproduct#TKArunEconomicTimes#Q2GDP#SecondQuarterGDP

خبریں