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Published on 12/10/2018 5:57:19 PM | Source: Reuters

India`s August industrial output grows 4.3 percent

Posted in Economy News| #India #Economy #IIP

NEW DELHI - India's industrial output in August grew 4.3 percent from a year earlier, government data showed on Friday.

This was slower than a downwardly revised 6.5 percent year-on-year increase in July, due to a slowdown in capital goods production.

However, the figure was better than a forecast of 4.0 percent growth in a Reuters poll of economists.

 

(Reporting by Manoj Kumar; Editing by Subhranshu Sahu)