India’s economy grew a slightly faster-than-expected 6.1 percent in the April-June quarter from a year earlier, as government stimulus measures helped spur demand, although a poor monsoon threatens to crimp growth later in the year even as it drives inflation.
The annual growth for India’s fiscal first quarter was just above a median forecast of 6 percent in a Reuters poll, but lower than the year-ago quarter’s 7.8 percent expansion.
The manufacturing sector expanded 3.4 percent in the April-June quarter from a year earlier, while farm output grew an annual 2.4 percent, government data showed on Monday.
For the full year, India’s economy grew 6.7 percent in 2008-2009, much slower than its expansion of 9 percent or more in the previous three years.
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