Monday, June 18, 2012

India's GDP growth still better than a lot of its peers

India's GDP growth of 5.3% in the January-March 2012 quarter shocked many in the country. It reflected the progressive slowdown in the economy over the quarters and sent the government and economist alike scrambling to makes some sense of the numbers. That said, as today's chart of the day shows, India's GDP growth in Q1, 2012 was still better than a lot of its peers barring China. As Europe continues to be haunted by a never ending debt crisiemerging economies have also begun to face its repercussions. 

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