Economists say policy rate reduction unlikely
The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago
The manufacturing sector output contraced by 3.7 per cent in February, while the mining output declined by 5.5 per cent. Meanwhile, the power generation grew by 0.1 per cent
Industrial output shrinks 1.6% in January
Experts say MPC may continue with accommodative stance in next nine months
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
Makes his prediction on the basis of the number of items in the IIP basket that grew in the month of October
The Index of Industrial Production (IIP) grew by 3.6 per cent in October on a year-on-year (YoY) basis compared to a 0.4 per cent expansion in the previous month
The IIP had contracted by 6.6 per cent in October 2019
The industrial output grew by 0.2 per cent in September, according to the Index of Industrial Production (IIP) data
Though September high-frequency indicators offer hope, August IIP data shows well performing FMCG sector went from green to red, while recovery turned stale for primary goods
Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth
Rating agency ICRA had expected a single-digit contraction in the upcoming print for the Index of Industrial Production for July 2020
The severity of contraction in economic activities due to Covid-19 is declining, but sustainable recovery is far away still. A K Bhattacharya explains the problems and positives for the Indian economy
Seasonally adjusted, industrial production grows nearly 24% month-on-month
According to National Statistical Office (NSO) data, manufacturing sector output fell by 20.6 per cent compared to a growth of 3.1 per cent in the same month a year ago
The rise in the Index of Industrial Production (IIP) helped pull up cumulative growth in industrial output to 0.9 per cent in the April-February period of 2019-20,
While growth in manufacturing hinges on expansion of industrial base, growth in domestic consumption is likely to continue on urbanization and irrigation drive
The Index of Industrial Production was revised up for December to 0.07% growth, from a contraction of 0.3% in the provisional estimate