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India's industrial output likely rose to 3.7% in October, boosted by festive season consumption.
India's industrial output likely rose by 3.7% in October 2024, up from 3.1% in September, driven by increased consumption during the festive season, according to a Union Bank of India report.
The core sector, which makes up 40% of the Index of Industrial Production (IIP), grew by 3.1%, a three-month high.
The official IIP figures for October will be released on December 12.
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La producción industrial de la India probablemente aumentó a 3,7% en octubre, impulsado por el consumo de temporada festiva.