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India's industrial output unexpectedly contracts in October

NEW DELHI: India's industrial output unexpectedly fell 1.
Published December 9, 2016 Updated December 9, 2016 01:38pm
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By Shoaib Ur Rehman
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imageNEW DELHI: India's industrial output unexpectedly fell 1.9 percent 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 percent growth in output compared with a 0.7 percent year-on-year rise in September.

Copyright Reuters, 2016

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