NEW DELHI (Reuters) -India’s industrial output grew 3.5% year-on-year in July, government data showed on Thursday.
Economists polled by Reuters projected a growth of 2.1%. Industrial output grew at 1.5% year-on-year in June.
KEY NUMBERS
* Manufacturing output was up 5.4% in July as compared to a revised 3.7% rise in June.
* Electricity generation grew 0.6% as against a revised fall of 1.2% in June.
* Mining activity showed a drop of 7.2% year-on-year as against a fall of 8.7% a month ago.
* Output of consumer durables, including cards and phones, rose 7.7% as compared to a revised growth of 2.8% in June.
* Output of consumer non-durables, such as food items and toiletries, rose 0.5% as compared to a revised fall of 0.9% in June.
* Capital goods output increased 5% as compared to a revised growth of 3% in June.
* Industrial output in April-July grew 2.3% as compared to a revised increase of 5.4% a year ago.
(Reporting by Nikunj Ohri; Editing by Eileen Soreng)
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