India's industrial output contracts 0.7 percent in August

NEW DELHI (Reuters) - India's industrial output shrank 0.7 percent in August from a year earlier, led by a fall in mining and manufacturing production, government data showed on Monday.

Economists surveyed by Reuters had forecast a 0.2 percent annual fall in output compared with a revised 2.5 percent year-on-year decline in July.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)