NEW DELHI (Reuters) – India’s industrial output rose 3.7% year-on-year in June, data from the Ministry of Statistics showed on Friday.
Analysts in a Reuters poll had forecast an expansion of 5.0%. Industrial output for May was revised to 5.3% from 5.2%.
Manufacturing, which accounts for about 17% of the Indian economy, rose 3.1% year-on-year in June from a revised 5.8% year-on-year growth recorded in May.
Electricity generation during June rose 4.2% over the same period a year earlier, while mining activities increased 7.6%, the data showed.
In May, electricity generation fell 0.9%, and mining activities increased 6.4%.
(Reporting by Shivangi Acharya and Nikunj Ohri; editing by Christina Fincher)
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