India s factory output contracts by 1.2% (Lead)

New Delhi April 12 (IANS) India s factory output contracted by (-)1.2 per cent in February official data showed on Wednesday.

The factory output as per the Index of Industrial Production (IIP) had decelerated by (-)1.2 per cent during February from a rise of 3.2 per cent reported for January 2017.

The factory output had expanded by 1.9 per cent in the corresponding month of the previous year.

--IANS
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