Industrial growth eased to 3.8% in January due to a manufacturing slowdown and slower public capex spending. Mining expanded 5.9% and electricity production increased 5.6%. Manufacturing growth eased to 3.2% in December. The factory output in January was 14.0% higher than the pre-COVID level.
The statistics ministry will release Consumer Price Index inflation for February and the Index of Industrial Production for January at 5:30 pm on March 12.
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