India's Industrial growth falls to 17-month low of 0.5 in November

India's Industrial growth falls to 17-month low of 0.5 in November

A contraction in manufacturing output, especially capital and consumer goods, pulled down industrial growth to a 17-month low of 0.5 per cent in November. This comes just a month after growth had scaled a 11-month high of 8.4 per cent in October. Economists attributed the subdued numbers to post-festive dullness in activities and a high base effect.

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