The index of industrial production (IIP) fell to 4.3 per cent in December 2022, according to a data released by the Ministry of Statistics on Friday. It was at 7.3 per cent in November 2022.The industrial growth in December 2021 was 1 per .
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Industrial output growth in Asia's third largest economy has sharply slowed, expanding 5.3% during the April to October period compared to 20.5% a year before.