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Q1 GDP at 5.5% vs 5.3 % QoQ

This article was posted on Aug 31, 2012 and is filed under Market News

Gross Domestic Product (GDP) for the April-June quarter grew a better-than-expected 5.5%, after eight successive quarters of declining growth. A CNBC-TV18 poll had estimated that quarterly GDP would grow 5.3%. However, the slight improvement in the figured failed to enthuse the market.

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