Industrial output contracts 2.2 percent in June

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Reuters NEW DELHI
Last Updated : Aug 12 2013 | 6:09 PM IST

NEW DELHI (Reuters) - India's industrial production contracted 2.2 percent in June, more-than-expected from a year earlier, government data showed on Monday.

Analysts polled by Reuters had expected output to shrink 1.2 percent annually. May's output growth was revised down to an annual 2.9 percent contraction from 1.6 percent earlier.

Manufacturing sector, which constitutes about 76 percent of industrial production, shrank 2.2 percent from a year earlier, the federal statistics office said.

Capital goods production, a barometer for investments in the economy, contracted an annual 6.6 percent in June from a year earlier.

(Reporting by Manoj Kumar; Editing by Anand Basu)

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First Published: Aug 12 2013 | 6:00 PM IST

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