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Q3 GDP growth weak; further deterioration in private consumption

BY  Siddhartha Sanyal & Rahul Bajoria
This follows the previous quarter’s 5.5% y/y growth and leads to average real GDP growth of 5.4% during Q1-Q3 2012.

India's Q3 GDP grew 5.3% y/y, a tad better than our expectation (5.0%) but in line with the consensus (5.3%). This follows the previous quarter’s 5.5% y/y growth and leads to average real GDP growth of 5.4% during...

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