Financial News: India Industrial Production Growth Improves In May

India Industrial Production Growth Improves In May

06/29/2026 - 13:05:00 (RTTNews)

(RTTNews) - India's industrial production grew at a faster than expected pace in May driven by a significant increase in electricity production, preliminary data from the statistics ministry showed on Monday.

The industrial production index rose 5.1 percent year-on-year following a 4.9 percent increase in April. Economists had forecast a 4.7 percent gain.

The main driver of the growth in industrial production in May was a 9.9 percent jump in output in the electricity and gas supply sector. In April, the output of this sector grew just 4.6 percent.

Manufacturing output growth slowed to 5.5 percent from 6.1 percent. Within this sector, the top three positive contributors were manufacture of motor vehicles, trailers and semi-trailers, that of electrical equipment and manufacture of basic metals.

Output in the mining and quarrying industry continued to fall, down 1.6 percent in May after a 3.8 percent fall in the previous month.

Output growth also lost some steam in the water supply, sewerage and waste management sector, down to 5.5 percent from 6.6 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Much More Than Expected In July (05 hr(s), 28 min(s), 12 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has improved by much more than expected in the month of ...Full Story»

U.S. Industrial Production Inches Up 0.1% In June, Slightly Less Than Expected (05 hr(s), 39 min(s), 12 sec(s) ago)
(RTTNews) - Industrial production in the U.S. edged slightly higher in the month of June, accordin ...Full Story»

U.S. Housing Starts Soar In June As Multi-Family Permits Skyrocket (05 hr(s), 48 min(s), 12 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

Hong Kong Jobless Rate Remains Stable At 3.7% (06 hr(s), 08 min(s), 12 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate held steady in the three months ending in June, labo ...Full Story»

U.S. Import Prices Unexpectedly See Further Upside In June (06 hr(s), 26 min(s), 12 sec(s) ago)
(RTTNews) - Import prices in the U.S. unexpectedly saw further upside in the month of June, accord ...Full Story»

U.S. Industrial Production Inches Up Slightly Less Than Expected In June (06 hr(s), 33 min(s), 12 sec(s) ago)
(RTTNews) - Industrial production in the U.S. edged slightly higher in the month of June, accordin ...Full Story»

U.S. Housing Starts Rebound More Than Expected In June (07 hr(s), 10 min(s), 12 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

U.S. Import Prices Unexpectedly Rise 0.3% In June (07 hr(s), 16 min(s), 12 sec(s) ago)
(RTTNews) - Import prices in the U.S. unexpectedly saw further upside in the month of June, accord ...Full Story»