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Positive Surprise But Unlikely To Continue: What Analysts Say On Index Of Industrial Production IIP October 2020

The industrial production grew by 3.6 per cent in October 2020
The industrial production grew by 3.6 per cent in October 2020, the highest level since February 2020, supported by better performances in electricity and manufacturing generation sectors. This is a significant rise in factory output after it declined consecutively for six months amid the COVID-19 pandemic. The index of industrial production (IIP) rose marginally by 0.5 per cent in September 2020. The manufacturing output grew by 3.5 per cent, the very first rise in almost eight months, electricity output rose by 11.2 per cent. (Also Read: Industrial Production Grows 3.6% In October ). Here are some views and remarks from economists and analysts on the index of industrial production in October 2020: ....

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Industrial Output Grew In October Despite Contraction In Eight Core Sectors

Industrial Output Grew In October Despite Contraction In Eight Core Sectors
Industrial Output Grew In October Despite Contraction In Eight Core Sectors
The industrial output grew despite the contraction in eight core sectors by 2.5 per cent in October 2020, which has nearly 40 per cent weightage in the index of industrial production
Output grew despite the contraction in eight core sectors by 2.5 per cent
The industrial production based on the index of industrial production (IIP) recovered to an eight-month high and grew by 3.6 per cent year-on-year (YoY) as against a contraction by 6.6 per cent in the corresponding month last year and a 0.2 per cent growth in September 2020. According to a recent report by CARE Ratings, the industrial output grew despite the contraction in eight core sectors by 2.5 per cent in October 2020, which almost has a 40 per cent weightage in the index of industrial production. The growth during the month was supported by a favorable b ....

Also Read , Positive Surprise But Unlikely To Continue , Analysts On Industrial Production In October , மேலும் ரெட் , பாஸிடிவ் ஆச்சரியம் ஆனால் சாத்தியமில்லை க்கு தொடரவும் , ஆய்வாளர்கள் ஆன் தொழில்துறை ப்ரொடக்ஶந் இல் அக்டோபர் ,