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IIP declines 8% in Aug, manufacturing output contracts 8.6%

The output of mining and power segments fell 9.8 per cent and 1.8 per cent, according to official data

Topics
IIP | August IIP | manufacturing

Press Trust of India  |  New Delhi 

Industrial output, IIP, workers, industry
The IIP had contracted by 1.4 per cent in August 2019

Industrial production declined by 8 per cent in August, mainly due to lower output of manufacturing, mining and power generation sectors, official data showed on Monday.

According to the Index of Industrial Production (IIP) data, sector production registered a decline of 8.6 per cent, while the output of mining and power segments fell 9.8 per cent and 1.8 per cent, respectively.

The had contracted by 1.4 per cent in August 2019.

" It may not be appropriate to compare the in the post pandemic months with the for months preceding the Covid-19 pandemic," the Ministry of Statistics and Programme Implementation said in a statement.

"With the gradual relaxation of restrictions, there has been a relative improvement in the economic activities by varying degrees as well as in data reporting," it added.

(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.)

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First Published: Mon, October 12 2020. 17:52 IST
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