GDP growth slows to 5.4% in Q2, misses economists' estimates

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India's gross home merchandise (GDP) expanded 5.4 per cent successful the July-September period, slower than 8.1 per cent a twelvemonth ago, authoritative information showed connected Friday. That was slower than economists' expectations.

According to a Zee Business canvass of economists, the country's GDP maturation was expected to beryllium at 6.5 per cent successful the fiscal 2nd quarter.

"Despite sluggish maturation observed successful Manufacturing (2.2 per cent) and Mining & Quarrying (-0.1 per cent) sectors successful Q2 of FY 2024-25, existent GVA successful H1 (April-September) has recorded a maturation complaint of 6.2," said the Ministry of Statistics & Programme Implementation.

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