India's GDP growth in the third quarter did not reach forecasts


The Indian economy, according to official data, grew in the third quarter by 7.1% compared to the previous quarter, when growth was at the level of 8.2%. Estimates by experts suggested a less significant slowdown in growth - up to 7.5%. The increase in gross value added by 6.9% also did not reach the growth of 7.3% predicted by economists. A positive factor for the Indian economy was the acceleration of recovery from 4.3% to 4.8%, noted in 8 infrastructure industries. Production in the processing industry grew by 7.4%, in the agricultural sector - by 3.8%. In the third quarter, there was also an increase in investments in fixed capital of Indian companies. The figure rose 12.5% after rising 10% in the second quarter.

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