Industrial output rises 1.5% in June, slowest in 10 months

India's industrial production grew 1.5% annually in June, marking its slowest pace in 10 months, as mining and electricity output slipped into contraction, data released by the ministry of statistics and programme implementation (MoSPI) on Monday showed.

- Rhik Kundu

The muted uptick stands in stark contrast to the 4.9% expansion recorded in June last year, highlighting persistent strains across core sectors of the economy.

MoSPI revised May's growth figure to 1.9%, from 1.2% earlier, which still outpaces the June figure.

Industrial performance through last year remained volatile, surging in May but flattening by August, underlining the lack of consistent recovery.