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India’s industrial output growth slows down in November

India’s industrial output growth slows down in November

India’s industrial output grew by 2.43% year-on-year in November,

posting a much lower growth than the 11.7% growth seen in the previous month, data from the National Statistical Office showed.

This level was below the economists’ expectations of 4% growth.

Among the three main sectors,

mining production increased by 6.8%, electricity output by 5.8%, and manufacturing output by 1.2% from a year earlier.

During the April-November period, India’s industrial production rose by 7.7% when compared with the same period last year.

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