Asian Economic News

India's Industrial Output Growth Tops Expectations

India's industrial production growth exceeded expectations in July, figures from the Central Statistics Office revealed Friday.

Industrial output rose 4.2 percent in July from last year, well above the expected growth of 3.6 percent. The growth rate for June was revised to 4.4 percent from 3.8 percent.

Within total production, manufacturing advanced 4.7 percent and mining climbed 1.3 percent. Electricity output increased 3.5 percent in July.

During April to July, industrial production advanced 3.5 percent from the same period of last year.

by RTTNews Staff Writer

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