India Industrial Production Continues To Fall
Industrial production dropped 10.4 percent year-on-year in July, data from the statistics ministry showed Friday, which was smaller than the 11.5 percent decline economists had forecast.
In June, production shrunk a revised 15.8 percent.
Manufacturing output fell 11.1 percent year-on-year in July.
Mining output decreased 13.0 percent and electricity production fell 2.5 percent.
In the April to July period, industrial production slumped 29.2 percent from a year ago.
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-