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India's factory output down 0.6 percent in December

Posted on Feb 12, 03:06PM | IANS

New Delhi, Feb 12 : India's industrial output contracted 0.6 percent in December 2012, dragged by deceleration in production in mining and manufacturing sectors, government data showed Tuesday.

According to data released by the Central Statistical Office (CSO), the index of industrial production (IIP) logged a negative 0.6 percent growth year-on-year in December 2012.

In the corresponding month of 2011, this had registered a growth of 2.7 percent.

The IIP had logged a negative 0.1 percent growth in November, 2012.