India’s economic growth rate slowed down in the most recent quarter, according to official figures.
The economy expanded at an annual rate of 4.7% in the three months to December, down from 4.8% in the previous quarter.
The figure was lower than analysts had been expecting.
Asia’s third-largest economy has been weighed down by various factors, such as high inflation, a weak currency and a drop in foreign investment.
For the same period in 2012, annual GDP growth was 4.5%.
via BBC
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