Economics
India Factory Output Rose 6.8% in January, Beating Estimates
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India’s industrial production unexpectedly rose at the fastest pace in seven months in January, weathering the highest interest rates since 2008 and weaker global growth.
Output at factories, utilities and mines advanced 6.8 percent from a year earlier, after a revised 2.5 percent climb in December, the Central Statistical Office said in a statement in New Delhi today. The figure exceeded all 26 estimates in a Bloomberg News survey.