NEW DELHI, February 28 (Reuters) – The growth of the Indian economy has fallen by 6.6% in the period October-December, below the forecasts and the lowest in the five quarters. Official statistics were released on Thursday.
It could be expected more than last year, before the Prime Minister's appointment to Narendra Modi for pre-election legislation, especially when the economic context is already marked by a decline in agricultural income and weak market decline.
The central bank has been able to reduce the interest rates in April's monetary meeting, based on 25 points based on fundraising in February.
According to surveys conducted by Reuters, the average year-on-year growth of 6.9% was 7.0% in October-December, followed by July-September.
The Ministry of Statistics has reviewed the growth forecast for the whole year, from March 31 to 7, which is a worst-case period of five years, 7.2% higher than the previous one. According to the new figure, it may fall from 6.1% in January to March, according to economists.
* Indian economic growth:
Marc Angrand at the service of France