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India's industrial output rose 3.7% in June

WikiFX
| 2023-08-11 12:32

Sommario:NEW DELHI, Aug 11 (Reuters) - Indias industrial output (INIP=ECI) rose 3.7% year-on-year in June, da

NEW DELHI, Aug 11 (Reuters) - Indias industrial output (INIP=ECI) rose 3.7% year-on-year in June, data from the Ministry of Statistics showed on Friday.

Analysts in a Reuters poll had forecast an expansion of 5.0%. Industrial output for May was revised to 5.3% from 5.2%.

Manufacturing, which accounts for about 17% of the Indian economy, rose 3.1% year-on-year in June from a revised 5.8% year-on-year growth recorded in May.

Electricity generation during June rose 4.2% over the same period a year earlier, while mining activities increased 7.6%, the data showed.

In May, electricity generation fell 0.9%, and mining activities increased 6.4%.

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