India’s industrial production growth slumps to 5.6 percent in August

Wednesday, 13 October 2010 15:40:58 (GMT+3)   |  
       

India's monthly industrial production in August this year rose by 5.6 percent year on year, slowing down following a revised double-digit growth rate of 15.2 percent registered in July.after nine consecutive months in which double-digit rises in industrial output were recorded.

Among the various industrial sectors, in August metal products and parts, excluding machinery and equipment, showed the highest growth rate with 33.4 percent, compared to August 2009.
 
Meanwhile, industrial production in India's basic metal and alloy industry in August this year improved by 6.4 percent as compared to August 2009.


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