Industrial output numbers warn against policy complacency
IIP fell 0.8% as manufacturing contracted 3.1 % in April
Latest numbers suggest private sector investments continue to remain sluggish
The April numbers represent a break in the rising trend seen in two previous consecutive months of February and March
As part of the revision, the basket of items and weightage assigned to different entries on the basis of which indices is computed will be updated
Manufacturing growth in March at -1.2%; Mining growth at -0.1%
Food inflation picked up to 6.32% in April ; annual industrial growth slows down to 2.4 % in 2015-16 from 2.8 % in previous year
Industrial growth, inflation numbers call for quick action
Manufacturing, three-fourths of the index, showed marginal growth of 0.7 per cent in February
Excess inventory and capacity under-utilisation are the main reasons behind weak industrial output, says a report by credit ratings agency SMERA
The industrial output for the third month in a row remained in the negative territory, contracting 1.5% in January
Manufacturing output shrinks 2.8%
Slow rise in manufacturing, Jat agitation likely to hit IIP in January
It was 2.3% in year-ago period