India’s September industrial output rises 4% y/y

NEW DELHI (Reuters) -India’s industrial output rose 4% year-on-year in September, driven by growth in manufacturing, government data showed on Tuesday.

Economists polled by Reuters projected a growth of 3%. The industrial output rose by a revised 4.1% year-on-year in August.

KEY NUMBERS

* Manufacturing output was up 4.8% year-on-year in September as compared to a 3.8% rise a month ago.

* Electricity generation rose 3.1% year-on-year in September as against a rise of 4.1% in August.

* Mining activity showed a decrease of 0.4% year-on-year in September as against a revised growth of 6.6% a month ago.

* Output of consumer durables, including cars and phones, rose 10.2% as compared to a growth of 3.5% in August.

* Output of consumer non-durables, such as food items and toiletries, fell 2.9% year-on-year in September as a against a revised fall of 6.4% a month ago.

* Capital goods output rose 4.7% year-on-year in September as against a revised increase of 4.5% in August.

* Industrial output in April-September grew 3% as compared to an increase of 4% a year ago.

(Reporting by Nikunj Ohri & Sarita Chaganti Singh; Editing by Sonia Cheema)

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