December industrial output up 1.8 pct y/y

Published on Fri, Feb 10, 2012 at 11:12 |  Source : Reuters

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NEW DELHI (Reuters) - Indian industrial output rose by a slower-than-expected 1.8 percent in December compared with a year earlier, government data showed on Friday.

Analysts on average had expected a rise of 3.4 percent, a Reuters poll showed. The December figure compares with November's provisional increase of 5.9 percent.

Manufacturing output, which constitutes about 76 percent of industrial production, rose 1.8 percent from a year earlier, the federal statistics office said.

During April-December, industrial production expanded 3.6 percent. Output grew 7.8 percent in the 2010/11 fiscal year that ended in March, below the 10.5 percent clocked the year before.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon and Ted Kerr)

  

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