India's industrial output expanded for the third straight month in January and at a faster-than-expected pace, underpinned by broad-based growth across all sectors, data from the statistics ministry revealed Friday.
Industrial production advanced 5.20 percent year-on-year in January, after a revised 4.68 percent rise in December. This was slightly above the 5.0 percent increase expected by economists.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.