Pre-pandemic flicker: IIP growth at 7-month high in February

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Published: April 10, 2020 5:50:26 AM

Industrial production growth scaled a seven-month peak of 4.5% in February, as mining and electricity output rebounded, suggesting a fragile recovery before Covid-19 hit economy hard.

But two critical segments — capital goods and consumer durables — continued to contractBut two critical segments — capital goods and consumer durables — continued to contract

Industrial production growth scaled a seven-month peak of 4.5% in February, as mining and electricity output rebounded, suggesting a fragile recovery before Covid-19 hit economy hard.

But two critical segments — capital goods and consumer durables — continued to contract

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