IIP slows to 0.4% in October, electricity down 6.9%
India's October IIP data grew 0.4% year-on-year, with manufacturing showing a 1.8% increase while mining and electricity saw a decline. The overall index stood at 150.9, with manufacturing, mining, and electricity sectors at 151.1, 126.2, and 193.4 respectively. The release noted lower demand and extended rainfall season as factors affecting electricity generation.