Sunday, March 30, 2008

Indian economy to slow to 8.1% in 2008-09

India's economic growth is expected to slow more than previously expected in 2008/09, undermined by moderating consumer demand, higher inflation and a swelling trade deficit, a Reuters poll shows.

The quarterly poll projects 2008/09 growth at 8.1 percent, down from a forecast of 8.3 percent in a similar poll in December and below the average growth of 8.75 percent in the last four years.


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1 comment:

forex software said...

I strongly feel india still has market which cares only about price of the goods mainly in rural area, How to overcome the market compitation with reducing prise, mainly this reduced prise marketing happens from big producers. Are there any good future for small stores or small scale producers.
Thanks,
Ritika
www.forexsoftware-free.info

 
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