Industrial output in April up 17.6 pc: Govt

The industrial output rose much faster than expected at 17.6 per cent in April from a year earlier on strong consumer demand and government spending, data showed on Friday.

The industrial output rose much faster than expected at 17.6 per cent in April from a year earlier on strong consumer demand and government spending, data showed on Friday.

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The median forecast in a Reuters poll was for an annual rise of 13.5 per cent.

Manufacturing output rose 19.4 per cent in April, the federal statistics office said in a statement.

Industrial output rose 10.4 per cent in the 2009/10 fiscal year (April-March), faster than the 2.6 per cent clocked in the previous fiscal year.