(MENAFN) Official figures showed that Indian industrial production was surprisingly weak in August, suggesting that recovery of Asia's third-largest economy may still be delayed, QNA reported.
Output of factories, mines and utilities grew slightly by 0.4 percent in August compared the same month a year earlier, far undershooting a consensus market forecast of 2.2 percent growth.
The sagging output was a dampener for the right-wing government of the country's Prime Minister, who took office in May following a landslide election win, chief economist at ZyFin Research said.
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