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Friday, 10 August 2012

India industrial output down 1.8 pct

By The Associated Press

SLUMP: India's industrial output fell a worse-than-expected 1.8 percent in June, its third fall in four months, as slumping manufacturing and investment darken the outlook for Asia's third-largest economy.
DETAILS: Production of capital goods - a sign of investment in things like machinery - fell a worrying 27.9 percent.
GROWTH CONCERNS: India's growth is at its lowest in almost a decade.

SLUMP: India's industrial output fell a worse-than-expected 1.8 percent in June, its third fall in four months, as slumping manufacturing and investment darken the outlook for Asia's third-largest economy.
DETAILS: Production of capital goods - a sign of investment in things like machinery - fell a worrying 27.9 percent.
GROWTH CONCERNS: India's growth is at its lowest in almost a decade.

 

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