India Factory Output Unexpectedly Declines First Time in 2 Years
A worker welds pieces of metal during the restoration of a truck at the Sanjay Gandhi Transport Naga depot in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

India Factory Output Unexpectedly Declines First Time in 2 Years

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(Bloomberg) -- India’s factory output contracted for the first time in more than two years in August, as a sharp fall in capital goods and consumer durables production weighed on activity.
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