India's industrial output contracted 4.3 percent month-on-month in September, the second consecutive monthly fall, data released by the government on November 11 showed. Industrial output in August had seen a contraction of 1.1 percent.With 4.3 percent contraction, industrial growth print was at its worst since the present series was launched in April 2012. Industrial output, or factory output, is the closest approximation for measuring economic activity in the country's business landscape.'
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