India’s industrial output rises 1.5% year-on-year in June

NEW DELHI (Reuters) -India’s industrial output grew 1.5% year-on-year in June, government data showed on Monday.

Economists polled by Reuters projected a growth of 2%. Industrial output grew at a revised 1.9% year-on-year in May.

KEY NUMBERS

* Manufacturing output up 3.9% in June as compared to a revised growth of 3.2% in May

* Electricity generation fell 2.6% in June as against a revised drop of 4.7% a month earlier

* Mining activity dropped 8.7% in June as against a fall of 0.1% a month ago

* Output of consumer durables, including cards and phones, grew 2.9% in June as compared to a revised drop of 0.9% a month ago

* Output of consumer non-durables, such as food items and toiletries, fell 0.4% in June as compared to a revised drop of 1% in May

* Capital goods output increased 3.5% in June as compared to a revised increase of 13.3% in May

* Industrial output in April-June grew 2% as compared to a revised increase of 5.4% a year ago

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

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