For Quick Alerts
For Daily Alerts

IIP for August subdued at 0.6%

IIP for August subdued at 0.6%
The Index for Industrial Production has remained subdued for the month of August, squashing any hopes of sharp recovery in Industrial activity.

The cumulative growth for the period April-August 2013-14 over the corresponding period of the previous year stands at 0.1%.

The growth rates for Industrial Production for the mining, manufacturing and electricity sectors for the month of August 2013 stand at (-) 0.2%, (-) 0.1% and 7.2% as compared to August 2012 .

The cumulative growth in the three sectors during April-August 2013-14 over the corresponding period of 2012-13 has been (-) 3.4%, (-) 0.1% and 4.5% respectively.

In terms of industries, fourteen (14) out of the twenty two (22) industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of August 2013 as compared to the corresponding month of the previous year.

Story first published: Saturday, October 12, 2013, 10:24 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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