India IIP Growth Slows To 6.7% In July From 8.8% In June As Manufacturing, Mining Weaken
India’s industrial production growth eased in July, with the Index of Industrial Production (IIP) expanding 6.7% year-on-year compared with an upwardly revised 8.8% growth in June, according to data released by the National Statistics Office (NSO). The slowdown reflects weaker momentum across three of the four major sectors. The IIP remained at 124.8 in July, compared with 117 in the same month…
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