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India's Industrial Output Growth Eases In May

India's industrial production grew at a slower pace in May, the Central Statistics Office said Wednesday.

Industrial output grew 1.7 percent on a yearly basis after expanding revised 2.8 percent in April. The annual growth came in line with expectations.

Electricity production advanced 8.7 percent and manufacturing output rose moderately by 1.2 percent. Meanwhile, mining output fell 0.9 percent in May.

During April to May period, industrial production climbed 2.3 percent from the same period of previous year.

by RTTNews Staff Writer

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