India Industrial Production Slows To 2.4% In July

13 Sep 2022 , 08:35 AM

Indias industrial production logged an annual growth of 2.4 percent in July, much weaker than Junes 12.7 percent expansion, data released by the National Statistical Office showed Monday. In the same month of 2021, industrial output had advanced 11.5 percent. Among three main sectors, manufacturing output grew 3.2 percent and electricity output climbed 2.3 percent. On the other hand, mining shrank 3.3 percent from the last year. In the April to July period, industrial production posted an expansion of 10.0 percent annually.Powered by Capital Market – Live News