Economy may have grown by over 5.5% in Q2: Moody’s
It, however, said that the growth rate could be near the bottom of its current downward cycle. The country’s GDP numbers for the July-Sept quarter will be announced on November 30. Moody’s said that the growth rate for that quarter could be “a little more than 5.5% year-on-year, roughly the same as in the first two quarters (of calendar year 2012) but substantially below where GDP was 12 months ago.”
Be the first to comment.