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March industrial output shrinks for 2nd straight month

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May 12, 2014 17:51 IST

IndutriesIndustrial production shrank for a second straight month in March, falling 0.5 per cent from a year earlier, dragged down by weak consumer

demand and capital investments, government data showed on Monday.

Analysts polled by Reuters had forecast a contraction of 1.5 per cent in output.

The fall in February's output was revised to 1.8 per cent on year from 1.9 per cent earlier.

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