Industrial Production Growth Picks Up To 7% In June

Industrial production growth picked up to 7 per cent in June, government data showed on Friday. The cumulative growth for the fiscal first quarter of 2018-19 stood at 5.2 per cent, the Ministry of Statistics said in a statement. Economists surveyed by news agency Reuters had forecast a 5.4 per cent growth in industrial production compared with a revised 3.9 per cent year-on-year increase in May.