Macroeconomic Indicators

The estimated real GDP growth for Q3 2012-13 at 4.5% has been the lowest since Q1 2009-10. During the first three quarters of 2012-13, slowdown in growth has been reflected across sectors, though industry seems to have shown some turnaround. Growth in agriculture, forestry and fishing decelerated from 2.9% in Q1 to 1.1% in Q3. Growth in services declined to 6.1% in Q3 compared with 7% and 7.2% in Q1 and Q2 respectively. Growth in industry after decreasing from 3.6% in Q1 to 2.7% in Q2 improved to 3.3% in Q3.