(Bloomberg) -- India's industrial production grew
more than expected in April, suggesting the central bank may
need to raise interest rates further to contain inflation stoked
by consumer demand.
Production at factories, utilities and mines gained 13.6
percent from a year earlier after a revised 14.5 percent in
March, the Central Statistical Organisation said in a statement
in New Delhi today. Economists expected an 11.3 percent rise.
Read more at Bloomberg Emerging Markets News
more than expected in April, suggesting the central bank may
need to raise interest rates further to contain inflation stoked
by consumer demand.
Production at factories, utilities and mines gained 13.6
percent from a year earlier after a revised 14.5 percent in
March, the Central Statistical Organisation said in a statement
in New Delhi today. Economists expected an 11.3 percent rise.
Read more at Bloomberg Emerging Markets News
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