Question
What was India’s industrial output growth rate in
August, according to the data?Solution
India’s industrial output growth slowed to 4% in August, down from 4.3% in July. Consumer durables (3.5%) and non-durables (-6.3%) were the main drags, though mining (6%) and electricity (4.1%) showed recovery. This was still higher than the 0% growth recorded in August 2022.
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