Economic growth declines to 5.5 pc in April-June

August 31, 2012 12:00

Showing persistent sluggishness, the economy grew by 5.5 per cent in the April-June quarter this fiscal due to poor performance of manufacturing, mining and farm sectors.

The gross domestic product had expanded by 8 per cent in the April-June quarter of 2011-12. During the quarter ended June 30, the manufacturing sector grew marginally by 0.2 per cent, against 7.3 per cent growth in the same period of 2011-12, according to the official data released today.

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