Tag: interest rate hike

India's GDP is estimated to rise 15.4% in the three months to June from a year ago-Bloomberg survey

Tuesday, August 30, 2022
Last quarter economy of India probably grew at the fastest rate in a year driven by healthy consumption, but the pace of expansion is seen slowing as policymakers prioritize rising prices overgrowth. Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey of economists. That’s the fastest reading since the April-June quarter of 2021 and compares with a 4.09 expansion in the previous three months. Read more