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

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