GDP growth in the July-September 2013 quarter.




China and India continued to lead the pack as far as GDP growth in the July-September 2013 quarter is concerned. This is despite the economies slowing down in both the countries. For India, the performance was slightly better than the growth it had recorded in the June 2013 quarter. Whether this can be construed as bottoming out with the possibility of recovery in the coming quarters remains to be seen. While the economies of the developed world continued to chug along, the real surprise was Japan, whose GDP growth during the quarter was better than the US and the Eurozone.