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Industrial output expands 3.1% in September on base effect, festivals

By Economic Times - 2 weeks ago
Excluding August performance, the September output growth was at a nine-month low. It had increased by 6.4% in September 2023. For the quarter ended September, IIP growth was at a seven-quarter low of 2.6% due to high base effect and weather vagaries. The growth was 4% in the first half of the current financial year, down from 6.2% in the corresponding period last year.

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