November industrial output contracts 0.1 percent

November industrial output contracts 0.1 percent

Last Updated: Fri, Jan 11, 2013 05:51 hrs
Labourers work inside an iron factory on the outskirts of Jammu

India's industrial production fell 0.1 percent in November from a year earlier, government data showed on Friday.

Analysts polled by Reuters had expected output to grow 0.7 percent annually. Revised data for October showed production at factories, mines and utilities grew 8.3 percent compared with 8.2 percent earlier.

Manufacturing, which constitutes about 76 percent of industrial production, rose 0.3 percent from a year earlier, the federal statistics office said.

In the April-November period, industrial production expanded an annual 1.0 percent.

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