GDP generally reflects the size of a country’s economy. It is the total output of goods and services generated using elements of production and services within a specific period, usually a year.
When calculating GDP, only final goods and services are considered, excluding intermediate products and services.
No growth in industry in January-March
GDP is expressed through three sectors: agriculture, industry and services. In the January-March quarter, the industry sector witnessed a negative growth of minus 0.28 per cent, which means lower production compared to the same period last year.
After that there was a growth of 1.74 percent in agriculture sector and 3.52 percent growth in service sector.