UPDATE 1-India's industrial output rose 5.6% y/y in February

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds detail) NEW DELHI, April 12 (Reuters) - India's annual industrial output rose 5.6% in February from a year earlier helped by growth in manufacturing and electricity generation, data from the Ministry of Statistics showed on Wednesday. Analysts in a Reuters poll had forecast an expansion of 5.1%.


In January, the output rose 5.2%. In April-February, industrial output grew 5.5% from the same period a year earlier. Manufacturing, which accounts for about 15% of the Indian economy, rose 5.3% year-on-year in February. Electricity generation during February rose 8.2% over the same period a year earlier, while mining activities increased 4.6%, the data showed.


(Reporting by Sarita Chaganti Singh; editing by Jason Neely)

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