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India's industrial output contracts 0.7 pct y/y in Aug
October 10, 2016 / 12:12 PM / in a year

India's industrial output contracts 0.7 pct y/y in Aug

NEW DELHI, Oct 10 (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)

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