India's factory output rises 2.5% in Sept; inflation eases

New Delhi

INDIA'S industrial production grew by a stronger-than-expected 2.5 per cent in September, according to government data released on Wednesday, boosted by consumer demand during the main religious festival season, while retail price inflation fell to a record low.

The 2.5 per cent output expansion by factories, mines and utilities in September from the same month a year ago was far higher than the 0.6 per cent forecast by financial markets.