Industrial production rises 5.2 pc in May
Business | July 12, 2023 18:52 ISTFactory output measured in terms of the Index of Industrial Production (IIP) grew 19.7 per cent in May 2022.
Factory output measured in terms of the Index of Industrial Production (IIP) grew 19.7 per cent in May 2022.
India's Industrial Production: Data released by National Statistical Office shows a 4.3 per cent rise in India's Industrial Production in December.
Low base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis.
As per IIP data released, manufacturing sector output declined by 3.7 per cent in February 2021.
The manufacturing sector, which contributes over 77 per cent to the IIP, showed a decline of 1.2 per cent in output during August 2019 as against a growth of 5.2 per cent in the same month of last year.
On the prices front, the report said, reversal in food prices that have remained unusually low are likely to push up inflation.
The ease in the inflation number was mostly driven by lower food prices. However, the figure remains higher than the 4 per cent target of the Reserve Bank of India.
According to the annual report by the Global Innovation Policy Center (GIPC) of the US Chambers of Commerce released in Washington, India has "increased substantially" its score in the latest Intellectual Property (IP) index.
As per the new IIP, with the revised base year of 2011-12, factory output had declined by (-)0.1 per cent during June due to a drop in manufacturing, from a rise of 2.80 per cent reported for May this year.
The country’s industrial production recovered marginally in September. As per the data on Index of Industrial Production (IIP) released by the Central Statistics Office (CSO) here on Friday, the factory output inched up by 0.72 per cent from a decele
New Delhi: India's factory output declined again in December by (-)1.3 percent but was somewhat better than the (-)3.42 percent dip registered in the month before, official data showed on Friday. There was a growth
New Delhi: Industrial production grew at a two-month high of 4.1 per cent in April, primarily driven by the manufacturing sector, but capital goods growth slowed. The factory output, measured by the Index of Industrial
New Delhi: Macroeconomic data, investment trend by foreign institutional investors (FIIs), progress of monsoon rains and global cues will dictate trend on the domestic bourses this week, say experts.On the macro front, industrial production data
New Delhi, Nov 12: India's industrial output entered into negative territory in September as compared to the year ago period. The Index of Industrial Production (IIP) stood at negative 0.4 per cent in September versus
New Delhi, July 12: Industrial production growth rate slowed to 2.4 per cent in May, 2012 due to contraction in capital goods and mining output, coupled with poor show by manufacturing sector, indicating persistent slowdown
New Delhi, Nov 11: Continuing its dismal performance, industrial growth fell further to 1.9 per cent in September, mainly due to poor output from the manufacturing sector.Growth in factory output, as measured in terms of
Top News
Latest News