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Industrial production rises to 16-month high in October: Factors driving this robust growth

The Index of Industrial Production (IIP) surged to a 16-month high, marking an 11.7% YoY increase, in October 2023 compared to 6.2% YoY growth in September 2023.

Bank-global , Global-markets , Index-of-industrial-production , Mining-sectors , Manufacturing-sector , Electricity-sector , Primary-goods , Manufacturing-segments , Iip-growth-in-october , Core-sectors , Low-base-effect

Indian Economy Grows by 5.4% In Third Quarter of FY 2021-22

The Indian economy grew by 5.4% in the October-December quarter of 2021-22, official data released on Monday showed, lower than the two previous quarters of the fiscal year.

China , New-delhi , Delhi , India , National-statistical-office , 5-4-gdp-growth , 5-4-india-gdp-growth , Covid-19-economy , Economy-covid-19 , Gdp-growth-5-4- , India-gdp

Pharma sector growth: India's pharma sector growth accelerates in May due to low base effect

The ratings agency opined that the 47.8 per cent YoY growth in India's pharmaceutical market (IPM) during May 2021 was led by a low base effect.

Nifty-track , Economic-times-news-app , Daily-market-updates , Live-business , Pharma-sector-growth , Fy22 , Ind-ra , Ipm , Acute-therapies , India-ratings-and-research , Low-base-effect

Production costs in April jump on higher commodities, raw materials prices

The Producer Price Index (PPI) for local production jumped 10.6% in April due to the low base effect and continued rise in commodity and raw material prices.

Kuala-lumpur , Malaysia , Mohd-uzir , Mohd-uzir-mahidin , Statistics-department , Producer-price-index , Statistician-datuk-seri , Economy , Local-production , Low-base-effect , Commodity , Raw-material-prices

Core industries' output falls 15.1% m-o-m in April - The Hindu BusinessLine


However, the expansion year-on-year stood at 56% on low base effect
On expected lines, the low base effect of April 2020 — when the entire country was in lockdown — played a crucial role in the eight core industries’ output recording a 56 per cent jump year-on-year in April 2021.
The right way to assess their performance — even according to the government — is to look at it sequentially; the eight core industries recorded a 15.1 per cent contraction in April 2021 compared to March 2021. This is a clear pointer to how the second Covid-19 wave had impacted industrial performance. In March 2021, the industries catapulted to a 32-month high of 6.8 per cent.

India , Madan-sabnavis , Aditi-nayar , Chief-economist , India-ratings , Core-sector , Data , Industries , Lockdown , Low-base-effect , Covid-19