Industrial Growth Slumps To 2 4% In November menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
India's industrial growth rate slumped to an 8-month low of 2.4 per cent in November from a 16-month high of 11.6 per cent in October, data released by the Ministry of Statistics and Programme Implementation on Friday showed.In November 2022, .
Mumbai: As per the current report, India s industries hit a rough patch last November, with progress sliding down to a lowly 2.4%. This downturn is unexpected after the consistent progress we ve seen - Industrial Growth Of India Slumps To 2.4% In November; Details Here
Data shows weakness in the consumption story. Private final consumption expenditure was a let-down as growth nearly halved to 3.1% in Q2, from 6% in Q1. Another disappointment was the agriculture sector that grew a mere 1.2%, its slowest expansion in four and a half years.