India’s industrial output growth slowed to 3.2% in December, the lowest in four months. Manufacturing grew by 3%, and mining by 2.6%. H...
India’s industrial output growth slowed to 3.2% in December, the lowest in four months.
Manufacturing grew by 3%, and mining by 2.6%. However, consumer non-durables production dropped by 7.6%.
Electricity generation increased by 6.2% year-on-year and 4.7% compared to November 2024.
The growth for November 2024 was revised down to 5% from 5.2%.
Sector-wise Growth:
Capital goods rose by 10.3%.
Consumer durables grew by 8.3%.
Infrastructure and construction goods up by 6.3%.
Intermediate and primary goods increased by 5.9% and 3.8%, respectively.
The industrial activity outlook for the second half of the fiscal year remains uncertain, with growth possibly moderating further to 2%-3% in January.
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