November 30, 2018 / 1:10 PM / in 19 days

India's quarterly GDP 'seems disappointing': finance minister official

An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files

NEW DELHI (Reuters) - India’s growth in the July-to-September quarter “seems disappointing,” Economic Affairs Secretary Subhash Chandra Garg said in a tweet on Friday.

Earlier, government data showed that Asia’s third-largest economy grew a lower-than-expected 7.1 percent in the quarter on an annualised basis, from a more than two-year high of 8.2 percent in the previous quarter.

Garg, one of the finance ministry’s top officials, however, said manufacturing growth at 7.4 percent and agriculture growth at 3.8 percent were “steady”.

Reporting by Alasdair Pal; Editing by Malini Menon

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