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Just In: January IIP contracted by 1.5% against -1.3% in December

11 Mar 2016 Evaluate
Industrial output contracted by 1.5% in January compared to -1.3% in previous month. The cumulative growth for the period April-January 2015-16 over the corresponding period of the previous year stood at 2.7 percent. As per the street expectation it was likely to contract by 0.15 percent.