India

India Industrial production July 2022

India: Industrial output growth moderates in July

Industrial output expanded 2.4% compared to the same month of the previous year in July, which followed June’s 12.7% increase. The reading was partly driven by a deterioration in manufacturing production growth. In addition, mining output fell.

Meanwhile, annual average industrial production growth fell to 5.6% in July (June: +6.3%), which marked an over one-year low.

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