India Industrial production August 2021

India: Industrial output growth picks up in August

Industrial output increased 11.9% compared to the same month of the previous year in August, which was a stronger than July’s 11.5% increase. The faster expansion was largely driven by healthier mining and quarrying, and utilities output growth.

Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 18.7% in August, up from July’s 17.1%.

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