India's August industrial production rises by 11.9% YoY (Lead)
Infrastructure or construction products output increased by 11.1 percent, while consumer durables production increased by 8%, up from (-) 10.2 percent.
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Infrastructure or construction products output increased by 11.1 percent, while consumer durables production increased by 8%, up from (-) 10.2 percent.
Low base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis. The Index of Industrial Production (IIP) for August rose by 11.9 per cent from a decline of 7.1 per cent reported for the like month a year ago.
Low base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis.The Index of Industrial Production (IIP) for August rose by 11.9 per cent from a decline of 7.1 per cent ...
India's retail inflation eases to 4.35% in September, lowest since April - This is the third consecutive month in which inflation is below 6 per cent. In the month of May and June, CPI was above the 6 per cent mark.
Rising demand along with low base effect on a year-on-year basis accelerated India's June industrial output.Accordingly, wavening impact of Covid 2.0 as well as easing travel restrictions triggered demand and subsequently the production rate.On ...