The industrial output data for the month of August came in at a
lower-than-expected 0.6 percent versus 2.75 percent in July. The
manufacturing sector witnessed a contraction of (-) 0.1 percent
versus a growth of 3 percent in July. The consumer goods sector
also witnessed negative growth of (-) 0.8 percent. The capital goods
sector also contracted at (-) 2 percent versus 15.6 percent in July.