{
  "id": 4186902,
  "title": "India's July industrial output growth slows to 6.7% y/y as mining contracts",
  "url": "https://urgent.news/2026/08/28/indias-july-industrial-output-growth-slows-to-6-7-y-y-as-mining-4186902",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T11:08:19.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/news/indias-july-industrial-output-grows-103813174.html"
  },
  "original_language": "en",
  "account": "New Delhi, Aug 28: India's industrial output growth decelerated to 6.7% year-on-year in July, according to data released on Friday. Mining activity contracted, contributing to slowdowns in manufacturing and electricity output generation. Economists surveyed by Reuters had anticipated a slower growth rate of 6% in July, down from a revised 8.8% in the previous month. The government had previously transitioned to using producer prices instead of wholesale prices for calculating factory output. In July, manufacturing output expanded by 7.3% year-on-year, up from a revised 9.5% growth in June. Electricity generation saw an increase of 8.7% year-on-year, contrasting with a revised 11.3% rise in the prior month. However, mining activity contracted by 0.9% year-on-year, down from a revised 1.6% growth in June. Consumer durables, encompassing cars and phones, saw a growth of 10.5% year-on-year, up from a revised 10.3% increase in May. Conversely, consumer non-durables, including food items and toiletries, experienced a decline of 1% year-on-year, falling short of the revised 5.6% rise in the previous month. Capital goods output expanded by 16.1% year-on-year, a marked improvement from the revised 17.9% growth in June. Overall, industrial output from April to July grew by 6.3%, compared to a 4% increase a year earlier.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "IIP growth at 6.7% in July, compared with 8.8% in June under new series",
        "url": "https://urgent.news/2026/08/28/iip-growth-at-6-7-in-july-compared-with-8-8-in-june-under-new-series",
        "published": "2026-08-28T10:49:39.000Z"
      },
      {
        "outlet": "The Economic Times",
        "title": "India’s IIP slows to 6.7% in July from 7.3% in June",
        "url": "https://urgent.news/2026/08/28/indias-iip-slows-to-6-7-in-july-from-7-3-in-june",
        "published": "2026-08-28T10:50:28.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "India's July industrial output growth slows to 6.7% y/y as mining contracts",
        "url": "https://urgent.news/2026/08/28/indias-july-industrial-output-growth-slows-to-6-7-y-y-as-mining",
        "published": "2026-08-28T11:52:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}