the rate of decrease in GDP for the last 3 quarters was 0.8%, 2%, 5%.find the average rate of decrease in GDP using an appropriate measurr AM or GM or HM
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India’s economy grew at its slowest pace in over six years in the September quarter mainly on account of weak manufacturing and a drop in exports due to a global slowdown.
Gross domestic product (GDP) grew 4.5 per cent in the second quarter of FY20, data released by the government showed, marking the slowest expansion in 26 quarters. In gross value added terms, the economy grew at 4.3 percent compared to 4.9 percent in the previous quarter. In the current GDP series, the lowest growth rate recorded was 4.3 percent in the fourth quarter of FY13. The growth rate for the second quarter of FY20 is the lowest since then.
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Quarterly GDP growth rate of India
Gross domestic product (GDP) grew 4.5 per cent in the second quarter of FY20, data released by the government showed, marking the slowest expansion in 26 quarters. In gross value added terms, the economy grew at 4.3 percent compared to 4.9 percent in the previous quarter
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