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HomeEconomyIndia's industrial output rose 5.2% in May

India’s industrial output rose 5.2% in May

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NEW DELHI (Reuters) -India’s industrial output rose 5.2% year-on-year in May, data from the Ministry of Statistics showed on Wednesday.

Analysts in a Reuters poll had forecast an expansion of 4.8%. Industrial output for April was revised to 4.5% from 4.2%.

Manufacturing, which accounts for about 17% of the Indian economy, rose 5.7% year-on-year in May from a provisional 4.9% growth recorded in April.

Electricity generation during May rose 0.9% over the same period a year earlier, while mining activities increased 6.4%, the data showed.

(Reporting by Nikunj Ohri and Shivangi Acharya; Editing by Christina Fincher)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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