Preview: India factory (manufacturing) index likely hit 11-month high in Oct

Comments print
Agencies: Bangalore, Dec 07 2012, 12:19 IST
IIP.jpg
or core sector output, which accounts for about 40 percent of total industrial output, will buoy the overall number.

Weak demand from the country's top export destinations, the United States and Europe, resulted in a 1.6 percent drop in India's October exports.

Such a performance would be far behind that of Asian rival China where factory output growth for the same month rose at a faster-than-expected 9.6 percent annually.

Last week, data showed that annual economic growth continued to languish at a near three-year low of 5.3 percent in the quarter to September, keeping the economy on track to record its worst year in a decade.

Ads by Google
   Previous | 1 | 2
Previous Story  No Grammy love for Justin Bieber, One Direction, social media erupts Next Story  Liverpool through to Europa League knockout stage
Reader's Comments| Post a Comment

Be the first to comment.

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below