India's Industrial Output Rises 1.8% In December

Indian factory activity growth slowed in December.

Indian industrial output rose 1.8% y/y in December, versus 5.9% growth in November. However, analysts were expecting a 3.4% expansion.

India's industrial production in the April-to-December period climbed 3.6% y/y, versus a 7.8% growth in the year-ago period.

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