GDP contraction in the fourth quarter due to the effects of pandemics, high commodity prices, experts say

GDP contraction in the fourth quarter due to the effects of pandemics, high commodity prices, experts say – Mail Bonus

The contraction seen in India’s four-quarter economic growth to a low of 4.1 percent in January-March period 2021-22 was mainly due to the effects of the third Covid wave and high commodity prices, analysts said. The Indian economy grew at a one-year slow pace in January-March, slumping GDP growth for the full year to March …

GDP contraction in the fourth quarter due to the effects of pandemics, high commodity prices, experts say

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