India Industrial production December 2022

India: Industrial output growth slows in December

Industrial output increased 4.2% year on year in December (November: +7.1% yoy). The figure was largely due to weaker manufacturing output growth. In addition, electricity production lost pace.

Meanwhile, the trend improved modestly, with the annual average growth of industrial production coming in at 4.4%, up from November’s 4.2% reading.

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