01-01-1970 12:00 AM | Source: Reuters
India's economy expands 5.4% y/y in October-Dec quarter - govt
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NEW DELHI - India's economy grew 5.4% year-on-year in the October-December quarter, slower than previous two quarters, official data on Monday showed, amid rising risks from higher prices of crude oil and commodities after Russia's invasion of Ukraine.
Economists in a Reuters poll had forecast gross domestic product in Asia's third-largest economy grew 6% year-on-year in December quarter, compared withy an upwardly revised 20.3% in the April-June period and 8.5% in July-September.
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