Economic Indicators
India’s industrial output up 3.1% y/y in September
2024.11.12 07:03
NEW DELHI (Reuters) -India’s industrial output rose 3.1% year-on-year in September backed by manufacturing activity, government data showed on Tuesday.
Economists polled by Reuters had expected a growth of 2.5%. In August, industrial output had contracted for the first time in nearly two years.
Manufacturing output climbed 3.9% year-on-year in September, electricity generation grew 0.5% and mining activity rose 0.2%, the data showed.
The sectors had grown by 5.1%, 9.9% and 11.5%, respectively, a year ago.
In the April-September period, industrial output increased by 4%, compared to revised 6.2% a year earlier.
