Thursday, January 10, 2013

India's Industrial Production Contracts in November on Weak Mining and Manufacturing Data


India's industrial output has edged down in November, as the mining and manufacturing sectors slowed down primarily due to extended holidays during the month.
The general index of industrial production (IIP) declined 0.1 percent to a reading of 167.3 from the revised level in November 2011, according to the Central Statistical Organisation. The decrease compares to a revised 8.3 percent gain... (Continue Reading)

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