Fri, Apr 12, 2019
Industrial output growth was flat at 0.1 per cent in February on account of slowdown in the manufacturing sector, official data showed Friday. Factory output as measured in terms of the Index of Industrial Production (IIP) had grown by 6.9 per cent in February 2018.
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Fri, Jan 12, 2018
On IIP data, the analysts at Edelweiss said, "Slowing IIP manufacturing perhaps reflects normalisation from the jump seen in the previous month led by restocking as well as early festive season demand."
Tue, Feb 14, 2017
The fuel component of CPI rose afresh on rising crude oil prices and weaker rupee. Meanwhile, the persistent stickiness in core inflation is contrary to the refrain that demonetisation had materially dented core demand. Core inflation (CPI excluding food) rose to 5.1% in January from 5% in December, the report said.
Sun, Feb 12, 2017
"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.
Thu, Jan 12, 2017
If India's manufacturing PMI (purchase managers index) is any indication, then IIP is likely to come in lower.
Mon, Sep 12, 2016
The data showed that IIP for the Mining and Electricity sectors for the month of July 2016 grew by 0.8% and 1.6% respectively, while the Manufacturing sector declined by 3.4% as compared to July 2015.
Thu, May 12, 2016
The manufacturing sector, which accounts for over 75 per cent of the index, declined by 1.2 per cent in March against a growth of 2.7 per cent in same month a year ago. The sector has not done well in 2015-16 as it grew at meager rate of 2 per cent compared to 2.3 per cent in previous year.
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