India’s GDP growth outpaced China last quarter

Mar 05 2023

India’s economy grew by 4.4% in last fiscal quarter, down from 6.3% the previous quarter. Economists had expected closer to 4.6%. But this still puts India’s average annual GDP growth for last year at about 7%, making it one of the world’s best-performing economies. By comparison, the World Bank projects the global economy will grow just 1.7% this year—the third-weakest pace of global growth in almost three decades.


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