India's industrial production grew notably in May, largely reflecting low base effects, official data showed on Monday. Industrial output grew 29.3 percent on a yearly basis in May, after surging 134.6 percent in April. Output was forecast to advance 32 percent.
Manufacturing output registered a double-digit growth of 34.5 percent and mining output advanced 23.3 percent. At the same time, electricity output was up 7.5 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.