NEW DELHI (Reuters) -India’s industrial output rose 4.2% year-on-year in April, data from the Ministry of Statistics showed on Monday.
Analysts in a Reuters poll had forecast an expansion of 1.8%. In March, output growth was revised to 1.7% from 1.1%.
Manufacturing, which accounts for about 17% of the Indian economy, rose 4.9% year-on-year in April compared with a provisional 0.5% year-on-year growth reported in March.
Electricity generation during April fell 1.1% over the same period a year earlier, while mining activities increased 5.1%, the data showed.
In the month of March, electricity generation provisionally fell 1.6%, while mining activities provisionally increased 6.8%.
Consumer durables fell 3.5% year-on-year in April, after a decline of 8.4% in the previous month.
(Reporting by Nikunj Ohri and Shivangi Acharya; editing by Philippa Fletcher)
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Source: The Print
