India's industrial output contracts 0.4 percent y/y in Dec

Image
Reuters NEW DELHI
Last Updated : Feb 10 2017 | 5:58 PM IST

NEW DELHI (Reuters) - India's industrial output fell 0.4 percent in December from a year earlier, driven down by a contraction in consumer and capital goods production, government data showed on Friday.

Economists surveyed by Reuters had forecast a 1.1 percent growth in output compared with a 5.7 percent year-on-year growth in November.

(Reporting by Manoj Kumar; Editing by Malini Menon)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 10 2017 | 5:45 PM IST

Next Story