Indian GDP Growth In Q4 Surges To 7.7%, FY At 6.7%

- Jun 01, 2018-

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) Q4 of 2017-18. GDP at 2011-12 prices in the fourth quarter (Q4) of financial year 2017-18 registered growth rate of 7.7% as against 5.6%, 6.3% and 7.0% respectively, in the first three quarters, Q1, Q2 and Q3 of 2017-18. Rapid growth in agriculture (4.5%), manufacturing (9.1%) and construction sectors (11.5%) contributed to the overall growth.

As per the Provisional estimates of national income, the growth rate of GDP at constant (2011-12) prices for the financial year 2017-18 is estimated at 6.7%. At the sectoral level, the growth rate of GVA at constant (2011-12) prices for agriculture & allied sectors, industry and services sectors for the year 2017-18 are estimated at 3.4%, 5.5% and 7.9%t respectively

GDP growth rates for 2017-18 and Q1, Q2, Q3 and Q4 of 2017-18 at constant (2011-12) and current prices are given below:

Growth Rates of GDP

PeriodConstant pricesCurrent prices
Annual 2017 -186.710.0
Q1 2017-18 (April-June)5.68.3
Q2 2017-18 (July-Sep)6.39.5
Q3 2017-18 (Oct-Dec)7.011.0
Q4 2017-18 (Jan-Mar)7.710.9

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