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India's GDP growth slows to 4.5% in Q2 of 2019-20

Capital Market 

Manufacturing sector posts decline in output of 1.0% in Q2 of 2019-20

India's GDP growth has moderated to 4.5% for the quarter ended September 2019 from 5.0% in June 2019 quarter and 7.0% in June 2018 quarter.

The economic activities which registered growth of over 4.3% in Q2 of 2019-20 over Q2 of 2018-19 are trade, hotels, transport, communication and services related to broadcasting financial, real estate and professional services and public administration, defence and other services.

The growth in the agriculture, forestry and fishing is estimated to be 2.1%, mining and quarrying 0.1%, manufacturing (-) 1.0%, electricity, gas, water supply & other utility services 3.6% and construction 3.3% in Q2 of 2019-20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 29 2019. 18:15 IST