News: India's August industrial output up 9.7 pct yr/yr
(RTR 12/10/2006) New Delhi - India's industrial production rose 9.7 percent in August from a year earlier, lower than market expectations as heavy flooding in the month disrupted activity, data showed on Thursday.
Analysts surveyed by Reuters expected industrial output in August to grow a median 9.9 percent from a year earlier. Output grew a revised annual 12.7 percent in July, the highest monthly rise in a decade.
Manufacturing production, which represents more than 75 percent of industrial output, rose 11.1 percent in August from a year earlier, compared with 13.3 percent in July.
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