India's industrial output eased in March, amid slower growth in mining.
The index of industrial production rose 4.9% in March, as compared with 5.6% in February, according to data published by the Ministry of Statistics and Programme Implementation.
Economists polled by Bloomberg had forecast March IIP growth at 5.2%.
Sectoral Estimates (YoY)
Mining output rose by 1.2%, as compared with 8.1% in February.
Manufacturing output grew by 5.2%, as against 4.9% last month.
Electricity generation increased by 8.6%, as compared with 7.5% last month.
Industrial output, as classified by the end use of goods, showed:
Primary goods output rose 2.5%, as compared with 5.9% in February.
Capital goods output increased 6.1%, as against 1% last month.
Intermediate goods output rose 5.1%, as compared with 8.7%.
Infrastructure and construction goods output gained 6.9%, as compared with 8.5%.
Consumer durables output rose 9.5%, as against 12.4%.
Consumer non-durable output fell 4.9%, as compared with -3.5%.
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