India Industrial production December 2020

India: Industrial output bounces back in December

Industrial output rose 1.0% in December (November: -2.1% yoy). The reading reflected a broad-based improvement, with activity in the manufacturing, mining and electricity sub-sectors all improving in December.

Meanwhile, the trend improved slightly, with the annual average variation of industrial production coming in at minus 11.0% in December, up from November’s minus 11.1% reading.

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