India's industrial output unexpectedly contracts in October

Published Fri, Dec 9, 2016 · 01:54 PM
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[NEW DELHI] India's industrial output unexpectedly fell 1.9 per cent in October from a year earlier, driven down by a contraction in manufacturing and mining sectors, government data showed on Friday.

Economists surveyed by Reuters had forecast a 1.0 per cent growth in output compared with a 0.7 per cent year-on-year rise in September.

REUTERS

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