For Quick Alerts
For Daily Alerts

Industrial production for November slumps to -0.1 percent

Industrial production for November slumps to -0.1 percent
Industrial production for November recorded a negative growth, with the Index for Industrial Production figure at -0.1 per cent over the corresponding period of the previous month.

The index is a composite indicator that measures the short term changes in the volume of industrial production.

According to the index, the industrial growth for the month of November 2012 over the corresponding month of the previous year is (-) 0.1%.

The three sectors that constitute the index are Mining, Manufacturing and Electricity. The monthly growth rates of these three sectors for the month are (-) 5.5%, 0.3% and 2.4% respectively.

As per "use-based" classification there have been positive growths in basic goods (1.7%), consumer durables (1.9%) and consumer non-durables (0.3%), whereas negative growths have been registered in capital goods [(-) 7.7%] and intermediate goods [(-) 1.1%].

Read more about: iip
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more