You are here: Home » News-IANS » Business-Economy
Business Standard

India's factory output slows in September to 3.80%

IANS  |  New Delhi 

India's factory output slowed in September to 3.80 per cent from a growth of 4.46 per cent in August, official data showed on Friday.

"The general index for the month of September 2017 stands at 122.7, which is 3.8 per cent higher as compared to the level in the month of September 2016," the "Quick Estimates" of Index of Industrial Production (IIP) said.

"The cumulative growth for the period April-September 2017 over the corresponding period of the previous year stands at 2.5 percent."

As per the IIP data released by the Central Statistics Office (CSO), the slowdown on a sequential basis was mainly on account of deceleration in mining and electricity outputs.

On a year-on-year basis, the manufacturing sector expanded by 3.4 per cent, whereas mining output was 7.9 per cent and the sub-index of electricity generation expanded -- albeit rather slowly -- by 3.4 per cent.

--IANS

rv/dg

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Fri, November 10 2017. 18:48 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU