This was the slowest pace of growth in more than 10 years.
The answer matters a lot, and not just to experts worried about the pace of international economic growth.
After independence in 1960 the pace of growth increased rapidly.
With that event now over, the pace of growth is probably at least a bit slower in the current quarter, they said.
But the key to the inflation outlook continues to be the pace of economic growth.
The more crucial issue, he says, is the pace of growth at the moment.
But in the last few years, the pace of spending growth has picked up.
In the past five years, the pace of growth has surged.
Adjusted for inflation, the pace of growth was 4.2 percent.
That would be about the same pace of growth as in 2004, when Honda's global sales rose 8.6 percent from 2003.