It’s not just the GDP. There’s also the mystery of 10% growth in consumption expenditure

Who do you believe? The Central Statistics Office which pegged India’s Gross Domestic Product growth for the third quarter (October to December) of financial year 2016-’17 at 7% and private final consumption expenditure growth at a whopping 10.1% over the third quarter of 2015-’16? Or what you see and read about the effects of demonetisation since November 8, 2016?

The post It’s not just the GDP. There’s also the mystery of 10% growth in consumption expenditure appeared first on The Sangai Express.

Who do you believe? The Central Statistics Office which pegged India’s Gross Domestic Product growth for the third quarter (October to December) of financial year 2016-’17 at 7% and private final consumption expenditure growth at a whopping 10.1% over the third quarter of 2015-’16? Or what you see and read about the effects of demonetisation since November 8, 2016?

The post It’s not just the GDP. There’s also the mystery of 10% growth in consumption expenditure appeared first on The Sangai Express.

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