August 30, 2019 / 12:12 PM / 17 days ago

India's economic growth slows to 5.0% y/y in April-June qtr

NEW DELHI, Aug 30 (Reuters) - India’s economy had annual growth of 5.0% in the April-June quarter, the slowest in more than six years, dragged down by weak consumer demand and private investments, government data showed on Friday.

A Reuters poll of economists had forecast annual growth of 5.7% for April-June, compared with a 5.8% rise the previous quarter. For April-June 2018, India reported 8% growth.

Reporting by Manoj Kumar; Editing by Sanjeev Miglani

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