Q4 GDP slows sharply on limited fiscal support, leaves room for policy easing in March
Published on Friday, March 1, 2013 | Updated on Friday, June 17, 2016
Q4 GDP slows sharply on limited fiscal support, leaves room for policy easing in March
India’s real GDP growth slowed sharply in 4Q12 to 4.5% y/y (BBVA: 5.6%, Consensus: 4.9%), down from 5.3% in Q3 and its lowest growth since March 2009, as decelerating services growth and weak agriculture offset a pickup in industrial activity.
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