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Industrial output expands 7 pc in June

Press Trust of India  |  New Delhi 

Industrial output recorded a growth of 7 per cent in June on account of higher output in mining, and power generation segments.

Factory output growth measured in terms of the Index of Industrial Production (IIP) was revised upwards for May at 3.9 per cent from previous estimate of 3.2 per cent estimated earlier, according to data released by the (CSO) today.

The cumulative growth for the period April-June 2018 stands at 5.2 per cent over the corresponding period of the previous year.

The sector, which constitutes 77.63 per cent of the index, grew by 6.9 per cent in June, as against a decline of 0.7 per cent in the year-ago month.

Power generation segment saw a rise of 8.5 per cent during the month as compared to 2.1 per cent growth a year ago.

The sector output recorded an impressive growth of 6.6 per cent in June as against 0.1 per cent in June 2017.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 10 2018. 18:00 IST
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