Industrial activity, measured in terms of the Index of Industrial Production (IIP), registered a negative 4.2 percent growth during October as compared to a 1.2 percent decline in growth during the corresponding month of the previous year.
According to data furnished by Central Statistics Office (CSO) Friday, the IIP had increased by 2.5 percent in September 2014. In August 2014, the industrial growth stood at 0.4 percent.
The cumulative growth for April-October 2014-15 stood at 1.9 percent while the figure for the corresponding period of the previous year stood at 0.2 percent.
