NEW DELHI: India's industrial output grew 3.2 percent in May from a year earlier, driven by a pick up in capital goods manufacturing, government data showed on Thursday. Economists surveyed by Reuters had forecast 5.2 percent growth in output compared with a 4.9 percent year-over-year increase in April.
Manufacturing, which contributes 78 percent of industrial output, grew 2.8 percent in May, slower than a 5.2 percent rise in April, as domestic demand slowed.
Retail inflation has moved up to 5 per cent in June from 4.87 per cent in May.
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
