Thursday, August 30, 2012

India's economic growth stronger than forecast

A worker in an Indian factory

Growth was 5.5% in the April to June period from a year earlier. Most analysts had forecast a rate of 5.2%.

That compares with a 5.3% annual growth rate in the previous quarter.

However, there are concerns that a lack of reforms, slowing factory output and investment may hurt long-term growth.



Source & Image : BBC

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