Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
16 April, 2024 14:58 IST
Industrial production eases to 3.8% in September'17
Source: IRIS | 13 Nov, 2017, 11.58AM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Industrial production, as represented by Index of Industrial Production (IIP) for the month of September 2017 stands at 122.7, which is 3.8 percent higher as compared to the level in the month of September 2016. The cumulative growth for the period April-September 2017 over the corresponding period of the previous year stands at 2.5 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2017 stand at 94.6, 125.1 and 150.5 respectively, with the corresponding growth rates of 7.9 percent, 3.4 percent and 3.4 percent as compared to September 2016.

Interms of industries, eleven out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of September 2017 as compared to the corresponding month of the previous year.

As per Use-based classification, the growth rates in September 2017 over September 2016 are 6.6 percent in Primary goods, 7.4 percent in Capital goods, 1.9 percent in Intermediate goods and 0.5 percent in Infrastructure/ Construction Goods.

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer