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GDP Growth Accelerates To 8.2% In April-June Quarter, Beats Expectations | Read

PUBLISHED ON: August 31, 2018 | Duration: 3 min, 50 sec

  
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GDP or gross domestic product grew 8.2 per cent in the April-June period, government data showed on Friday. That was higher than expectation of 7.6 per cent growth by economists, and recorded in the previous quarter. Strong performance in manufacturing and consumer spending contributed to the overall figure of 8.2 per cent. Friday's GDP data marks the first quarterly report of the current financial year which began on April 1, 2018. The median consensus in a poll of 50 economists by news agency Reuters had put annual GDP growth at 7.6 per cent in Q1.
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