July 12 (Reuters) – India’s industrial output INIP=ECI in May rose at a slower-than-expected 11.5 percent from a year earlier, data showed on Monday.
The median forecast in a Reuters poll was for an annual rise of 16 percent.
Manufacturing output INMFG=ECI rose an annual 12.3 percent, the federal statistics office said in a statement.
Industrial output rose 10.4 percent in the 2009/10 fiscal year (April-March) INIPC=ECI, faster than the 2.8 percent clocked in the previous fiscal year. (Reporting by Rajesh Kumar Singh; editing by Malini Menon)