Industrial output grows 0.6 per cent in August

New Delhi: India's industrial production for the month of August grew by 0.6 per cent in August, dropping from an upwardly revised 2.75 per cent pace in July.

Analysts had expected an annual output growth of 2.0 per cent for the month.

The manufacturing sector, which constitutes about 76 per cent of industrial production, crawled up 0.1 per cent from a year earlier, the federal statistics office said.

Capital goods production, a barometer for investments in the economy, contracted by 2 per cent in August from a year earlier.

(with inputs from Reuters)