Oct 12 (Reuters) - India's industrial production
rose by a higher-than-expected 2.7 percent in August from a yearearlier, after contracting in July.
Analysts polled by Reuters had expected a rise of 1.1 percentin August output. Revised government figures released on Fridayshowed July output fell by 0.2 percent.
Manufacturing
, which constitutes about 76 percentof industrial production, rose an annual 2.9 percent from a yearearlier, the federal statistics office said.
In the April-August period, industrial production
expanded an annual 0.4 percent.
KEY POINTS:
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annual growth in pct*August 2012 July 2012 August 2011INDUSTRIAL OUTPUT +2.7 -0.2 +3.4Consumer goods +5.0 +0.5 +2.1Consumer durables +4.0 +0.6 +5.5Consumer non-durables +5.8 +0.3 -0.7Capital goods -1.7 -4.5 +4.0Mining +2.0 -1.6 -5.5Electricity +1.9 +2.8 +9.5Manufacturing +2.9 -0.4 +3.9
(Based on the new series with 2004/05 as base year)
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(Compiled by Manoj kumar in New Delhi)
(arup.roychoudhury@thomsonreuters.com; +91 11 4178 1007;Reuters Messaging:arup.roychoudhury.thomsonreuters.com@reuters.net)
Keywords: INDIA ECONOMY/ OUTPUT