GDP growth slows to 3-quarter low of 7.1% in Q2, still ahead of China

While there was consensus that the economic growth in the second quarter would not be as high as 8.2% recorded in the previous quarter, estimates had varied from 7.2% to 7.6%

India's gross domestic product (GDP) growth rate slowed to 7.1 per cent in the July-September quarter, weakening from 8.2 per cent in the previous quarter, just as Prime Minister Narendra Modi-led central government gets set for the Lok Sabha elections next year. The rate of economic growth in the same quarter last year had been 6.3 per cent.

With this, India clocked its slowest GDP growth in three quarters, but still remained ahead of China to retain the tag of the world's fastest-growing major economy.     

Quarterly GVA (basic price) at constant (2011-2012) prices for Q2 of 2018-19