At 1.5%, industrial growth slows to 10-mth low in June

India's industrial output growth decelerated to a 10-month low of 1.5% in June, primarily due to contractions in the mining and electricity sectors. Sluggishness in capital goods and consumer durables further contributed to the slowdown. While manufacturing showed resilience, excess rains impacted mining and electricity, and demand signals remained mixed, particularly in urban consumption.

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