India's industrial output expands 1.2% in May
According to data released by the government on Tuesday, India's industrial output expanded 1.2% in May as against a contraction of (-)0.8% in April. The Index of Industrial Production (IIP) for electricity output surged by 4.7%, the index for mining output was up by 1.3%, and that for manufacturing output grew by 0.7% for the month under review.