SLOWDOWN IN GDP GROWTH LATE LAST YEAR TEMPORARY: MOODY'S
The Free Press Journal|March 08, 2023
Says better growth in US and Europe's incipient recovery will propel India at mid-year mark
SLOWDOWN IN GDP GROWTH LATE LAST YEAR TEMPORARY: MOODY'S

Moody's Analytics on Tuesday said India's domestic economy, rather than trade, is its primary engine of growth and the slowdown in economic activity late last year will only be temporary.

The government data released last week showed India's gross domestic product (GDP) growth slowed to a three quarter low of 4.4 per cent in October-December,2022, mainly due to contraction in manufacturing and low private consumption expenditure.

This story is from the March 08, 2023 edition of The Free Press Journal.

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This story is from the March 08, 2023 edition of The Free Press Journal.

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