IIP Data: Industrial production fell 1.6 per cent in January 2021
The industrial production was down 1.6 per cent in January from a year earlier, government data showed on Friday. According to a recent poll of analysts conducted by news agency Reuters, the industrial production was expected to rise 0.9 per cent year-on-year in January. The industrial production, or the factory output, gauged by the Index of Industrial Production (IIP), declined 1.6 per cent in January, after registering a one per cent growth in December 2020. Separate government data showed that retail inflation rose 5.03 per cent in February 2021, due to higher food and fuel prices. (
According to the Index of Industrial Production (IIP) data released by the Ministry of Statistics and Programme Implementation (MoSPI), the indices for the mining, manufacturing, and electricity sectors for the month of January 2021 stand at 119.7, 135.1, and 164.2 respectively.
Consumer Price Index (CPI) Inflation Data February 2021: Government Releases Inflation Data; Retail Inflation Rises 5 03% In February ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
IIP Data: Industrial production shrank by 1.9 per cent in November 2020
Industrial production in the country contracted by 1.9 per cent in November 2020, after registering a growth in October, government data showed on Tuesday, January 12. According to the Index of Industrial Production (IIP) data, the manufacturing sector output shrank by 1.7 per cent in November 2020. The mining output also contracted 7.3 per cent, while power generation grew 3.5 per cent. The IIP had grown by 2.1 per cent in the corresponding month of 2019. Industrial production has been hit due to the COVID-19 pandemic since March 2020, when the IIP declined by 18.7 per cent in the month. (
Industrial production or the factory output is gauged by the Index of Industrial Production (IIP) that takes into consideration, the activity recorded in sectors such as mining, manufacturing, and electricity.
Index of Industrial Production, November 2020: The country's output of eight core sectors - also known as infrastructural output, contracted by 2.6 per cent in the month