October industrial output contracts unexpectedly to 4.2%
October industrial output contracts unexpectedly to 4.2%
India's industrial output unexpectedly contracted 4.2 percent year-on-year in October, dragged down by a fall in the manufacturing and the capital goods sector, government data showed on Friday.

India's industrial output unexpectedly contracted 4.2 per cent year-on-year in October, dragged down by a fall in the manufacturing and the capital goods sector, government data showed on Friday.

Industrial production was upwardly revised to 2.8 per cent year-on-year in September from 2.50 per cent earlier.

November retail inflation is also at record low of 4.38 per cent.

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