India Industrial Growth Hits Five Month Low of 4.1 Percent
India's industrial output grew 4.1 percent in March, its slowest pace in five months. Weak factory and power output weighed on growth amid energy shortages.
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India industrial output grew 4.1% in March, the slowest expansion in five months as manufacturing and power generation slowed. The reading follows a revised 5.1% growth in February and beat Reuters poll expectations of 3.7%. Energy shortages following regional conflict threaten the recovery of the world's third-largest crude importer.
