India’s industrial output slows in October to 2.2%

Industrial Production

 

The IIP( Industrial Production) for the month of October 2017 stands at 123.0, which is 2.2 percent higher as compared to the level in the month of October 2016.

The cumulative growth for the period April-October 2017 over the corresponding period of the previous year stands at 2.5%.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2017 stand at 101.2, 124.3 and 149.8, respectively.

The cumulative growth in these three sectors during April-October 2017 over the corresponding period of 2016 has been 3.4%, 2.1% and 5.3 percent respectively.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com