India’s Factory Output Slows in September on Weak Demand
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India’s factory output slowed in September as exports remained weak amid tepid global demand and higher cost of capital.
The Index of Industrial Production rose 5.8% from a year earlier, data released by the statistics ministry showed Friday. That compares with a 14-month high of a 10.3% increase in August, and an estimate for a 7% rise in a Bloomberg survey.