ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Macroeconomic Indicators (11 June 2011)

India's GDP growth rate improved from 8% in 2009-10 to 8.5% in 2010-11, thanks mainly to the revival of agricultural growth from 0.4% to 6.6%. The quarterly GDP estimates, however, point to a consistent deceleration in growth from 9.4% in Q4 of 2009-10 to 7.8% in Q4 of 2010-11, primarily driven by the slowdown in industrial growth from 12.4% to 6.1% over the same period. The growth in services, after decreasing from 10.7% in Q1 to 8.4% in Q3 of 2010-11, showed some revival to 8.7% in Q4.

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