By Anant Vijay Kala
NEW DELHI--India's industrial output remained weak in September dragged by the mining and manufacturing sectors, government data showed Friday.
Output of manufacturing, mining and utilities firms rose 0.7% from a year earlier, reversing a 0.7% decline in August, according to data issued by the Ministry of Statistics and Programme Implementation.
The growth was broadly in line with the 0.6% increase predicted by economists polled by The Wall Street Journal.
The weak production data could fuel concerns that Asia's third-largest economy is still struggling to gain momentum, even as policymakers try to push growth above the 8% rate believed necessary to add enough jobs to employ the country's fast-expanding workforce.
The data show mining output declined 3.1% from a year earlier in September. Manufacturing output, which contributes three quarters to industrial production, rose just 0.9%, dragged by a 21.6% fall in output of capital goods. Electricity output fared slightly better, rising 2.4% in September.
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(END) Dow Jones Newswires
November 11, 2016 07:34 ET (12:34 GMT)
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