India's industrial output growth moderated less than expected in March to the lowest level in five months, data from the Ministry of Statistics and Programme Implementation showed on Tuesday.
Industrial production advanced 4.1 percent year-over-year in March, following a downwardly revised 5.1 percent expansion in February. Meanwhile, economists had expected the growth to ease to 3.9 percent.
Among sectors, the annual growth in manufacturing output softened to 4.3 percent from 5.9 percent, and electricity production rose at a weaker pace of 0.8 percent versus a 2.3 percent increase in February. On the other hand, the mining growth quickened to 5.5 percent from 3.1 percent.
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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.