Wednesday, March 05, 2025 | 05:06 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

August industrial output growth slows to 0.6 percent

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - India's industrial production growth slowed to 0.6 percent in August from an upwardly revised 2.75 percent pace in July, hurt by weak investment and consumer demand, government data showed on Friday.

Analysts polled by Reuters had expected an annual output growth of 2.0 percent for the month.

The manufacturing sector, which constitutes about 76 percent of industrial production, crawled up 0.1 percent from a year earlier, the federal statistics office said.

Capital goods production, a barometer for investments in the economy, contracted by 2 percent in August from a year earlier.

(Reporting by Manoj Kumar; Editing by Sanjeev Miglani)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 11 2013 | 5:47 PM IST

Explore News