As the economy struggles to recover from the economic shock of demonetisation, one question remains unanswered: How much is the economy actually recovering?

The GDP figures for November have been revised down slightly from the November quarter’s estimate of 5.47 per cent to 5.46 per cent.

This is an improvement on the previous quarter’s 5.45 per cent revision, but the real GDP growth rate remains lower at 6.7 per cent compared with the previous year.

The GDP growth in November was revised down from 6.5 per cent in the previous period.

According to the latest official data, the country’s total trade turnover stood at Rs 2,095 crore, down from Rs 3,971 crore in the prior quarter.

This was largely due to a decline in the volume of imports, which fell from Rs 1,813 crore to Rs 1.717 crore.

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