Industrial production shrinks 1.9% in November; enters negative zone after 2 months

The IIP had grown by 2.1% in November 2019.
Industrial production had plunged 18.7% in March last year following the COVID-19 outbreak and remained in the negative zone till August 2020.
With the resumption of economic activities, factory output posted a flat growth of 0.48% in September.
The IIP growth for October has been revised upwards to 4.9 per cent from last month's provisional estimates of 3.6%.
The government had imposed a lockdown to contain the spread of COVID-19 infections on March 25, 2020.
With the gradual relaxation of restrictions, there has been a relative improvement in the economic activities by varying degrees as well as in data reporting, the Ministry of Statistics and Programme Implementation had said in a statement issued in November.

Related Keywords

,Programme Implementation ,Ministry Of Statistics ,National Statistical Office ,Industrial Production ,Index For Industrial Production ,Iip Growth ,Manufacturing And Mining Sectors ,ப்ரோக்ராம் செயல்படுத்தல் ,அமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் ,தேசிய புள்ளிவிவர அலுவலகம் ,தொழில்துறை ப்ரொடக்ஶந் ,குறியீட்டு க்கு தொழில்துறை ப்ரொடக்ஶந் ,ஈஇப் வளர்ச்சி ,உற்பத்தி மற்றும் சுரங்க துறைகள் ,