India's industrial production climbed more than expected in August, according to government data released Thursday, and consumer price inflation dipped last month to 9.52 percent.
Industrial production increased 2.6 percent, compared with a 2.2 percent decline in July. Analysts had expected, on average, a decline of 0.8 percent.
The August inflation figure, which was down from 9.65 percent in July, was largely in line with expectations.
Mike Obel works as Senior Editor, Copy Chief. Before that he was Markets Editor, assigning, editing and writing about business, markets, finance and economics. Before coming...