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
19 January, 2019 01:38 IST
Industrial production lowers to 7.1% in December'17
Source: IRIS | 13 Feb, 2018, 10.57AM
Comments  |  Post Comment

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.



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Sensex, Nifty end flat; RIL, Kotak Mahindra Bank top gainers - 18-Jan-2019 16:46
Ratnamani Metals & Tubes receives order worth Rs 2 bn - 18-Jan-2019 15:59
Sun Pharma slips over 10% on buzz of fresh allegations by whistleblower - 18-Jan-2019 14:02
FICCI suggests cut in repo rate, CRR to enable lower lending rates - 18-Jan-2019 13:51
Aurobindo Pharma to acquire portfolio of oncology injectables products - 18-Jan-2019 13:47
Reliance Ind Q3 earnings up 8.8%; GRM's at USD 8.8/bbl - 18-Jan-2019 13:08
Sensex falls 50 points; Nifty trades at 10,894 - 18-Jan-2019 12:02
Announcement under Regulation 30 (LODR)-Change in Directorate - 18-Jan-2019 11:14
FY20 GDP growth to be only a tad higher than FY19's: Ind-Ra - 18-Jan-2019 10:46
Sensex ends 52 points higher; Nifty settles at 10,905 - 17-Jan-2019 16:45
Zydus receives final approval for Acetazolamide ER capsules - 17-Jan-2019 13:27
more...
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