Indian Industrial Production Climbs 2.6% in August, More Than Expected; Inflation Holds Steady At 9.52%

on September 12 2013 8:36 AM

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.

 

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