Business

Industrial Output Rises 3.1% In September

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India’s factory output rose in September after having contracted the previous month.

The Index of Industrial Production grew 3.1% in September compared with a contraction of 0.7% in August, according to data published by the Ministry of Statistics and Programme Implementation on Friday.

The industrial output rose by 1.5% on a month-on-month basis in September.

Twenty-eight economists polled by Bloomberg had forecast September IIP growth at 2%.



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