India's industrial output growth improved somewhat in February on the back of manufacturing, data from the Ministry of Statistics and Programme Implementation showed on Monday.
Industrial production advanced 5.2 percent year-over-year in February, following an upwardly revised 5.1 percent expansion in January. Meanwhile, economists had expected the growth to ease to 4.2 percent.
Among sectors, the annual growth in manufacturing output accelerated to 6.0 percent from 5.3 percent. Meanwhile, mining activity expanded at a slower pace of 3.1 percent versus 4.3 percent in January, and the growth in electricity output moderated to 2.3 percent from 5.1 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.