Refinery products saw positive growth of 3.4 per cent. Similarly, the steel and cement sectors recorded growth of 9.3 per cent and 9.2 per cent, respectively
Wood and its products recorded a higher production level by 3.7 per cent in the first two months of FY 26 over the corresponding period of 2011-12 but it was below the 2019-20 level
Manufacturing, which carries the largest weight in the IIP, rose 2.6% in May 2025
The expected revision will not only change the base year but also include new data sources, which should help make these indices more robust
Industrial output slowed in April as mining contracted and electricity growth eased; capital goods saw robust growth while consumer non-durables remained weak
Aditi Nayar, chief economist, ICRA Ratings, said growth in Q4 FY25 is anticipated to fall short of the level implicit in the NSO's second advance estimate for FY25
Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries
Water collection, disposal likely to be included in series starting next Feb
Industrial output in November 2024 grows at 5.2%, up from 3.5% in October 2024
Retail inflation breaches RBI's 6% threshold
Experts attribute the fall to more than usual rainfall, demand slowdown
India's industrial production grew 5 per cent in April this year mainly due to good show by mining and power sectors, according to official data released on Wednesday. The factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 4.6 per cent in April 2023. India's Index of Industrial Production grew by 5 per cent in April 2024, an official statement said. The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 3.9 per cent in April 2024 against 5.5 per cent in the year-ago month. In April this year, mining production rose 6.7 per cent and power output increased 10.2 per cent.
The IIP had grown by 1.9 per cent in March 2023
Core industries contributing to this growth, include coal, natural gas, cement, steel, crude oil, electricity, and refinery products which make up 40.27% of India IIP
Food and beverage recorded an inflation of 8.66 per cent vs 8.3 per cent in January 2024
Food and beverage recorded an inflation of 8.3 per cent in January 2024, compared to 8.70 per cent the previous month
Retail inflation in December, on the other hand, rose to a four-month high because of a seasonal spike in the prices of vegetables, fruits, and pulses that the Reserve Bank of India has already factor
All indices in the IIP were at 100 in 2011-12 because it was the base year of the new series
Food inflation also declined to a three-month low of 6.56 per cent in September from 9.94 per cent in August
Food inflation fell to 6.56 per cent in September against 9.67 per cent in August