India’s factory output contracts by 1.2%

IANS Feeds
India’s factory output contracts by 1.2%

New Delhi, April 12 (IANS) India’s factory output contracted by (-)1.2 per cent in February, official data showed on Wednesday.

The factory output, as per the Index of Industrial Production (IIP), had decelerated by (-)1.2 per cent during February from a rise of 3.2 per cent reported for January 2017.

The factory output had expanded by 1.9 per cent in the corresponding month of the previous year.

This is published unedited from the IANS feed.