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India's GDP disappoints with 4.7% growth in Dec quarter
February 28, 2014 17:53 IST
India's economy grew a slower-than-expected 4.7 per cent in the three months through December, dragged down by a contraction in manufacturing and mining, the last GDP data released by the government before a general election showed on Friday.
Analysts polled by Reuters had forecast growth of 4.9 per cent.
December's figure was the seventh successive quarter of economic growth below 5 per cent.
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India's GDP disappoints with 4.7% growth in Dec quarter
February 28, 2014 17:53 IST
Manufacturing contracted an annual 1.9 percent during the quarter compared with 1 per cent growth in the previous quarter, while mining shrunk by 1.6 percent, the data showed.
Annual farm output growth also slowed to 3.6 per cent in October-December period, from 4.6 per cent in the previous quarter.
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© Copyright 2025 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.