IIP slips to 3.8% in September, manufacturing output up 3.4% YoY
Mining output rose 7.9% YoY during the month
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The ministry of statistics and programme implementation had come out with a new series of IIP in May, changing the base year from 2004-05 to 2011-12
The country's industrial output, as measured by the Index of Industrial Production (IIP) slipped to 3.8 per cent in September, compared with 4.5 per cent the previous month. Manufacturing output, however, rose to 3.4 per cent over the same month a year earlier, compared with 3.1 per cent in August.
September electricity production rose 3.4% vs 5.1% YoY. September mining output rose 7.9% YoY.
September electricity production rose 3.4% vs 5.1% YoY. September mining output rose 7.9% YoY.