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Industrial output soars 8.2 pct in October

Source : REUTERS
Last Updated: Wed, Dec 12, 2012 06:56 hrs
Labourers work inside an iron factory on the outskirts of Jammu

India's industrial production soared by 8.2 percent in October from a year earlier, government data showed on Wednesday.

Analysts polled by Reuters had expected a rise of 4.5 percent in October output. Revised government figures released on Wednesday showed September output growth was revised down to a contraction of 0.7 percent from a contraction of 0.4 percent.

Manufacturing, which constitutes about 76 percent of industrial production, rose by 9.6 percent from a year earlier, the federal statistics office said.

In the April-October period, industrial production expanded an annual 1.2 percent.




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