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March industrial output shrinks for second straight month

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Reuters NEW DELHI

NEW DELHI (Reuters) - Industrial production shrank for a second straight month in March, falling 0.5 percent from a year earlier, dragged down by weak consumer demand and capital investments, government data showed on Monday.

Analysts polled by Reuters had forecast a contraction of 1.5 percent in output. The fall in February's output was revised to 1.8 percent on year from 1.9 percent earlier.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

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First Published: May 12 2014 | 5:41 PM IST

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