Industrial output growth slows to 14-month low in October
India’s industrial production growth decelerated to a 14-month low of 0.4% in October, primarily due to a sluggish manufacturing sector and contractions in electricity and mining. This slowdown was attributed to fewer working days during festivals and adverse weather conditions impacting key segments.
India’s industrial production growth decelerated to a 14-month low of 0.4% in October, primarily due to a sluggish manufacturing sector and contractions in electricity and mining. This slowdown was attributed to fewer working days during festivals and adverse weather conditions impacting key segments.
