India’s Economic Growth Picks Up Pace, Accelerating to 7.6%

India’s Economic Growth Picks Up Pace, Accelerating to 7.6%

Brisk consumer spending propelled growth in India’s economy to 7.6% in the year that ended March 31, the fastest pace in at least four years despite indications that some areas of Asia’s third-largest economy are still struggling.

The latest yearly growth reading matched the forecast issued by the Central Statistical Office in February. Year-over-year output growth in the January-through-March period was 7.9%, a significant. Read More…

 

India’s Economic Growth Picks Up Pace, Accelerating to 7.6%


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