Industrial output grows 7.3% in June, fastest in 22 months

Industrial production surged 7.3% in June, a 22-month high, driven by manufacturing and electricity growth. This strong performance occurred despite global uncertainties and an erratic monsoon season. The first quarter saw industrial output grow 5.8% compared to the previous year. Several manufacturing sectors, including electrical equipment and motor vehicles, showed robust expansion. However, risks from high input prices and slowing global growth may moderate future output.