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March IIP data at -3.5. Below market expectations.

This article was posted on May 11, 2012 and is filed under Press Releases

March IIP data at -3.5. Below market expectations.

Electricity sector growth has come in at 2.7% versus 7.2%, manufacturing sector growth at -4.4% versus 11%, capital goods at -21.3%, basic goods at 1.1%, intermediate goods at -2.1% while mining sector growth is at -1.3% versus 0.4% (YoY),

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