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IIP beats expectations with 2.7 per cent growth in August

PUBLISHED ON: October 12, 2012 | Duration: 18 min, 08 sec

  
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India's industrial output grew 2.7 per cent in August 2012, after barely growing in July, indicating weak domestic and global demand. The data beat brokerage expectations of a weak 0.7 per cent improvement. While the numbers are mainly due to a low base effect, experts told NDTV, that the numbers could suggest a marginal improvement in overall economic activity.
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