October 12, 2018 / 12:28 PM / 2 months ago

India's August industrial output grows 4.3 percent

Workers make pipes used for drilling, at a factory in an industrial area in Mumbai, India January 29, 2018. REUTERS/Danish Siddiqui/Files

NEW DELHI (Reuters) - India’s industrial output in August grew 4.3 percent from a year earlier, government data showed on Friday.

This was slower than a downwardly revised 6.5 percent year-on-year increase in July, due to a slowdown in capital goods production.

However, the figure was better than a forecast of 4.0 percent growth in a Reuters poll of economists.

Reporting by Manoj Kumar; Editing by Subhranshu Sahu

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