India's July-September GDP Increases 6.3%

By Anant Vijay Kala Features Dow Jones Newswires

India's gross domestic product expansion accelerated last quarter as businesses and consumers started to get used to the South Asian nation's new tax regime.

Continue Reading Below

The GDP of Asia's third-largest economy grew 6.3% in the three months through September compared to a year earlier, according to government data issued Thursday.

Economists had predicted 6.4% growth.

Growth had slowed to a three-year low of 5.7% during the previous quarter as demand was doused by confusion about the planned rol out of a national goods and services tax.

Write to Anant Vijay Kala at anant.kala@wsj.com

(END) Dow Jones Newswires

Continue Reading Below

November 30, 2017 07:37 ET (12:37 GMT)