Bloomberg.com, 11 Dec 2009
Dec. 11 (Bloomberg) -- India’s industrial production grew less than forecast, suggesting the central bank may wait for more signs of economic recovery before raising interest rates.
Output at factories, utilities and mines rose 10.3 percent in October from a year earlier after gaining a revised 9.6 percent in September, the statistics agency said in New Delhi today. That was less than the median 12 percent estimate in a Bloomberg News survey of 20 economists.
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