IIP for August subdued at 0.6%

iip
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.

GoodReturns.in

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+