New Delhi, April 11 -- India's industrial output growth eased to 2.9 per cent in February, slipping from 5.01 per cent in January, according to data released by the National Statistics Office (NSO) on Friday.
The latest figure fell short of market expectations-Reuters had projected 4 per cent growth, while Bloomberg had pegged it at 3.6 per cent, according to a Business Standard report.
This is the slowest pace of growth recorded in seven months, with the last instance of a weaker performance in August 2024, when the Index of Industrial Production (IIP) had contracted by 0.1 per cent.
Sector-wise snapshot
Manufacturing, which carries the largest weight in the IIP, registered 2.9 per cent growth-down from 5.5 per cent in January.
Mini...
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