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21 May, 2018 14:08 IST
Industrial production lowers to 7.1% in December'17
Source: IRIS | 13 Feb, 2018, 10.57AM
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Industrial production, as represented by Index of Industrial Production (IIP) for the month of December 2017 stands at 130.3, which is lower than 8.8 percent in November 2017. However, the index is higher as compared to the level in the month of December 2016. The cumulative growth for the period April-December 2017 over the corresponding period of the previous year stands at 3.7 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2017stand at 115.5, 131.6 and 143.9 respectively, with the corresponding growth rates of 1.2 percent, 8.4 percent and 4.4 percent as compared to December 2016.

In terms of industries, sixteen 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 December 2017 as compared to the corresponding month of the previous year.

Asper Use-based classification, the growth rates in December 2017over December 2016 are 3.7 percent in Primarygoods, 16.4 percent in Capital goods, 6.2 percent in Intermediate goods and 6.7 percent in Infrastructure/ Construction Goods.



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