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India's concern accumulation maturation moderated successful March aft accelerating successful the erstwhile month, information from the Ministry of Statistics and Programme Implementation revealed connected Friday.
Industrial output expanded 4.9 percent year-over-year successful March, slower than the 5.6 percent successful December. Economists had expected the maturation to dilatory to 5.1 percent.
Among the large 3 sectors, energy output grew the most, up by 8.6 percent. This was followed by a 5.2 percent emergence successful manufacturing output.
The slowdown successful maturation was mostly owed to a weaker upturn successful mining output, which roseate 1.2 percent annually successful March versus 8.1 percent surge successful the anterior month.
During April to March, concern accumulation expanded 5.8 percent from the aforesaid play past year, information showed.
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