India’s industrial output slows in October to 2.2%

India’s industrial output slows in October to 2.2%

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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.