Friday, November 22, 2024

Growth Curve: Recovery in Q4 narrows FY21 GDP decline to 7.3%

Monday, May 31, 2021, 22:45
This news item was posted in Business category and has 0 Comments so far.

The contraction was, however, narrower than the 8% forecast in the second advance estimate put out in late February, primarily because the March quarter turned in significantly better numbers, on the back of rather board-based upswing across sectors including manufacturing, construction and electricity.

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