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IIP data at 3.3% vs. 8.8% – Much lower than market expectations

This article was posted on Sep 12, 2011 and is filed under Market News

IIP data has come in at 3.3% for the month of July compared to 8.8%. This number is much lower than market expectation of 6.1%

Mining Output Rises 2.8% In July
Manufacturing Output Rises 2.3% In July
Electricity Production Rises 13.1% In July
Capital Goods Production Fell 15.2 % In July

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