Business Standard

India's annual economic growth slows to 7 percent in December quarter

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's annual economic growth slowed to 7.0 percent in the three months through December from a revised 7.4 percent expansion in the previous quarter, government data showed on Tuesday.

Analysts polled by Reuters had forecast 6.4 percent growth for the October-December period.

The central statistics office also retained the growth forecast for the fiscal year ending in March 2017 at 7.1 percent.

(Reporting by Rajesh Kumar Singh; Editing by Randy Fabi)

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First Published: Feb 28 2017 | 5:57 PM IST

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