Subscribe
Business

India Nov industrial output slides after Oct surge

By Erika Kinetz
Published
Add Washington Examiner on Google

MUMBAI, India (AP) — India’s industrial output contracted in November, after a surprise October surge, government data showed Friday, possibly strengthening the central bank’s resolve to trim interest rates when it meets later this month.

Industrial production fell 0.1 percent in November from a year ago, hurt by a 5.5 percent plunge in mining output and a sharp slowdown in manufacturing. That reversed October’s revised 8.3 percent rise in industrial output, government data showed Friday.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.