Industrial output growth in India grows by disappointing 1.9% in Sept.


AFP

NEW DELHI — India’s industrial output grew by a weaker-than-expected 1.9 percent in September from a year earlier, data showed Friday, adding to a string of weak figures for Asia’s third-biggest economy.

The 1.9 percent September output increase was significantly below revised 3.5 percent production growth in August and undershot market expectations of a 3.7 percent jump in September, according to a Dow Jones Newswires poll.