Economy

India’s October industrial output at 3-month high of 3.5% y/y

NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday.

Economists polled by Reuters had expected a growth of 3.5%.

Manufacturing output rose 4.1% year-on-year in October, electricity generation grew 2% and mining activity was up 0.9%, the data showed. The sectors had grown by 10.6%, 20.4% and 13.1%, respectively, from a year ago.

In the April-October period, industrial output increased by 4%, compared to a revised 7% from a year earlier.

This post appeared first on investing.com

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.