India's industrial output growth slows to 6.7% in September as mining contracts
- Electricity generation climbed 11.2% year-on-year in September
NEW DELHI: India’s industrial output growth slowed to 6.7% in September, government data showed on Wednesday, as growth in manufacturing and electricity eased, while mining output contracted.
The September data was below the 7.3% growth expected by economists in a Reuters poll and a revised 7.8% expansion in August.
Manufacturing output grew 7.6% year-on-year in September against revised growth of 8.6% in August.
Electricity generation climbed 11.2% year-on-year in September against an increase of 12.3% a month earlier.
Mining activity fell 6.2% year-on-year in September against a revised decline of 4.6% in August.
India’s Aug industrial output jumps 8% as manufacturing output surges
Output of consumer durables, including cars and phones, grew 6% year-on-year in September against a revised 10.5% increase a month earlier.
Output of consumer non-durables, such as food items and toiletries, rose 1.4% year-on-year in September against a decline of 1.1% in the previous month.
Capital goods output rose 10.4% year-on-year in September against a revised 15.9% increase in August.
Industrial output between April and September grew 6.8%, compared to an increase of 4.4% a year earlier.
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