The overall growth was also lower at 6.7% between April-December 2004-05 as against 8.6%in the year-ago period, according to figures released by Central Statistical Organisation (CSO) today.
Quarterly gross domestic product (GDP) at factor cost at constant (1993-94) prices for Q3 of 2004-05 is estimated at Rs 4,11,907 crore as against Rs 3,87,910 crore in Q3 of 2003-04, a growth of 6.2%. GDP at factor cost at current prices in Q3 of 2004-05 is estimated at Rs 7,71,237 crore as against Rs. 6,88,202 crore in Q3 of 2003-04, a rise of 12.1%.
The GDP in constant prices till December was Rs 11,13,956 crore - a growth of 6.7% while it was Rs 20,61,721 crore at current prices - an increase of 12.4%.
The slowdown in GDP growth was mainly due to a 1.1% fall in farm output during October-December this fiscal as against a handsome 18.2% growth in the year-ago period.
Manufacturing logged double-digit growth of 10.4% while trade, hotel, transport and communication activities grew by 10.5%.
Mining and quarrying dropped to 4.8% in the third quarter of this fiscal as against a growth of 5.8% in the corresponding period of the previous year. Electricity, gas and water supply, however, increased by 4.4% from 3%.
While construction grew by 8% (5.9% in the corresponding period of the previous fiscal), financing, insurance, real estate and business services moved up by 8.1% in Q3 of 2004-05 as against 7.3% in the corresponding period previous fiscal.
Community, social and personal services grew by 5.8% in Q32004-05 as against 5.2% in the year-ago period.