India’s December industrial output growth slows to 0.4% y/y

NEW DELHI (Reuters) – India’s annual industrial output growth slowed to 0.4% in December from 2.2% in the same month a year earlier, dragged down by a contraction in manufacturing, government data showed on Friday.

Analysts polled by Reuters had expected a rise of 1.3% in December compared to 1.4% in the previous month.

(Reporting by Manoj Kumar and Aftab Ahmed; editing by Philippa Fletcher)

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