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3 months ago
Indian economy grows 6.1 pct y/y in March quarter; 7.1 pct y/y in 2016/17
May 31, 2017 / 12:13 PM / 3 months ago

Indian economy grows 6.1 pct y/y in March quarter; 7.1 pct y/y in 2016/17

NEW DELHI, May 31 (Reuters) - India's economy grew 6.1 percent in the three months through March from a year earlier, slowing from a provisional 7.0 percent in the previous quarter, government data showed on Wednesday.

Analysts polled by Reuters had forecast annual growth of 7.1 percent in the quarter.

For the 2016/17 fiscal year ending in March, growth came in at 7.1 percent in line with the official estimate. The economy grew a revised 8.0 percent in 2015/16. (Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

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