Private Final Consumption Expenditure, that fuels over one-third of India’s economy, reported 7.9% growth rate during Q2, as compared to the 6.4% growth rate in the corresponding period of previous financial year.
Government expenditure declined 2.7%, compared to a growth of 4.3%.
Private investment, measured as Gross Fixed Capital Formation, expanded 7.3% versus 6.7% last year.
