India's industrial output rises 1.5% year-on-year in June
FILE PHOTO: A worker stands in front of a furnace at a steel processing production line of a factory in Mandi Gobindgarh, in the northern state of Punjab, India, October 19, 2024. REUTERS/Priyanshu Singh/File Photo
NEW DELHI (Reuters) -India's industrial output grew 1.5% year-on-year in June, government data showed on Monday.
Economists polled by Reuters projected a growth of 2%. Industrial output grew at a revised 1.9% year-on-year in May.
KEY NUMBERS
* Manufacturing output up 3.9% in June as compared to a revised growth of 3.2% in May
* Electricity generation fell 2.6% in June as against a revised drop of 4.7% a month earlier
* Mining activity dropped 8.7% in June as against a fall of 0.1% a month ago
* Output of consumer durables, including cards and phones, grew 2.9% in June as compared to a revised drop of 0.9% a month ago
* Output of consumer non-durables, such as food items and toiletries, fell 0.4% in June as compared to a revised drop of 1% in May
* Capital goods output increased 3.5% in June as compared to a revised increase of 13.3% in May
* Industrial output in April-June grew 2% as compared to a revised increase of 5.4% a year ago
(Reporting by Nikunj Ohri and Sarita Chaganti Singh; Editing by Sonia Cheema)
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