28/02/2018
This is our first official post on GDP, it is very happy to see such a good growth in indian economy, today the Q3 results was released, the Q3 result of 2017-18 is 7.2%, where in the previous year its was 7%. sector wise results
‘agriculture, forestry and fishing’(4.1 percent),
‘mining and quarrying’ (-0.1 percent),
‘manufacturing’ (8.1 percent),
‘electricity, gas, water supply and other utility services’ (6.1 percent)
‘construction’ (6.8 percent),
‘Trade, hotels,sport, communication and services related to broadcasting' (9.0 percent),
'financial, real estate and professional services' (6.7 percent), and ‘Public administration, defence and Other Services' (7.2 percent).
In the previous year privateconsumption expenditure (PFCE)
was:59.9% , now it is 59.1%. it is not a big change but is is ok.
and the previous year governament final consumption expenditure (GFCE) was :10%, now it is 9.9% ,which is not a very good sign but it is ok, the previous year discrepancies()was -1.0, now is is -0.6..
