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The GPR/APREA Composite Index increased by 0.84% in March 2017. The Composite REIT Index slipped by 0.32% over the same period. Asia Pacific (APAC) equities grew by 1.77%, while the APAC bonds market expanded by 0.89%.
Notwithstanding the demonetisation of high-value currency notes in November 2016, the economy recovered faster than expected and early projections suggest a growth of 7.1% in the fiscal year ending March 2017.
