A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 75,273.45 +1.63% ↑ Nifty 23,305.10 +1.71% ↑ 22k Gold ₹ 13,445/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 94.38 USD ₹ 93.95
Sensex 75,273.45 +1.63% ↑ Nifty 23,305.10 +1.71% ↑ 22k Gold ₹ 13,445/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 94.38 USD ₹ 93.95
Home News Business
April factory output positively surprises at 3.4%; signals industrial recovery
By
Add as a preferred source on Google

factory-output
April factory output (IIP) rose to a surprising 3.4 per cent, signaling a rebound in industrial activity. The rise was on the back of a sharp growth in the electricity sector, which saw a growth of a huge 11.9 per cent vs 5.4 per cent for the month of March.

Consumer durables growth continued to remain negative though it was much better at -7.6 per cent vs 11.6 per cent earlier.

But, a huge surge in capital goods growth was the highlight of the IIP data. Capital goods sector grew at 15.7 per cent for the month of April vs 12.5 per cent for the month of March.

This was the first time that industrial recovery seems strong since Sept of last year.

GoodReturns.in

Share This Article
Story first published: Thursday, June 12, 2014, 18:30 [IST]
See More On: iip, factory, output

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+
Sign Out