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Indian industrial output growth slows

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11-12-2010, 02:26 PM

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Indian industrial output growth slows

Figures published today revealed a slowdown in industrial output in India – which fell to a 16-month low. India’s statistics office said output grew 4.4% on an annualised basis in September – less than expected and down from August’s 6.9% growth. Federal finance minister, Pranab Mukherjee, described the industrial slowdown as a “matter of concern” [...]

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