India: Industrial output bounces back in December
February 12, 2021
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.
Author: Steven Burke, Economist