Industrial output rises 3.8% in November on capital goods

Industrial output recovered at a much faster-than-expected pace in November, posting an annual growth of 3.8 per cent year-on-year, helped by a rebound in capital goods sector, government data showed on Monday.

Analysts polled by Reuters were expecting output growth to come in at 2.2 per cent compared with a 4.2 per cent fall in October.

(Reuters)