There are other metrics too, such as e-way bills, mobility measures and power generation, all of which are used to support the national accounts figures, not replace them
The index had risen 4.5 per cent in October last year against 1 per cent in the previous month
The 3.1 per cent YoY growth was driven by a jump in mining and manufacturing activity
Industrial production growth slips to 3.1 per cent in September, mainly due to the waning low base effect while mining and manufacturing sectors performed well
Core sector rose 16.6 per cent in the first half of the current financial year against a contraction of 14.5 per cent in the corresponding period of the previous year
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However, most segments are back to pre-pandemic levels, offering a ray of hope
Food inflation fell substantially to 3.96 per cent in July from 5.15 per cent in June
Inflation based on Consumer Price Index (CPI) remained elevated due to soaring fuel prices and costlier items in the food basket
IIP for the mining, manufacturing and electricity sectors for April stood at 108, 125.1 and 174, respectively
Higher international prices will increase policy risks
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Most experts say the numbers are worrisome and can dent the economic recovery going ahead. Here's how economists at leading brokerages and research houses have interpreted the numbers
Updates on COVID-19 situation and related news will also remain on participants' radars, says an analyst
Food inflation rose to 3.87 per cent from 3.11 per cent over this period.
Industrial output shrinks 1.6% in January
Though the first case of Covid was detected at the end of January last year, the impact on the economy began to be felt towards the end of March, when the first nationwide lockdown was announced
Economists call for continuation of stimulus package in Budget
Food inflation declined to 3.41 per cent in December, compared to 9.5 per cent in the previous month
Exports fell sharper at 8.7% in November from 5.1% in October, as demand remained muted in major overseas markets due to Covid-induced lockdowns