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Finance Ministry Report Says Economy Growth May Have Slowed Down

May 04, 2019

Finance Ministry Report Says Economy Growth May Have Slowed Down

According to a new finance ministry report, economic growth may have become sluggish in the financial year 2018-19. Some of the possible reasons behind this decline are weak growth in fixed investment and private consumption, and muted exports.

The report titled “Monthly Economic Report” that was released by the Department of Economic affairs this Wednesday said that the challenge is to reverse the slowdown of growth in the agriculture sector. It also said that retail inflation is also expected to peak.

Photo credit: Dr PS Sahana * Kadamtala Howrah on Visualhunt.com / CC BY

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