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IIP Data: Index Of Eight Core Industries Rises In April 2021


IIP Data: Index Of Eight Core Industries Rises In April 2021
IIP Data: Index Of Eight Core Industries Rises In April 2021
IIP Data: The month over month production of eight core industries, as captured by ICI, declined by 15.1 per cent in April 2021.
IIP data for April 2021: Index showed 56 per cent growth
The index of eight core industries or ICI stood at 126.7 in April 2021, showing an increase by 56.1 per cent as compared to the index of April 2020.
The high growth rate in April 2021 was largely due to the low industrial production across all sectors caused by nationwide lockdown imposed to curb the spread of Corona virus last year. ....

Industrial Production , April 2021 , Crude Oil , தொழில்துறை ப்ரொடக்ஶந் , கச்சா எண்ணெய் ,

March factory output up 22.4% on low base effect


March factory output up 22.4% on low base effect
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Last Updated: May 13, 2021, 07:11 AM IST
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Synopsis
The index of industrial production (IIP) shrank 0.8% in FY20 compared with the contraction of 8.6% in FY21. India imposed a nationwide lockdown toward the end of March last year, which was lifted in phases. Closures have returned due to the second Covid wave.
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Industrial production had contracted 18.7% in March 2020. This base effect is likely to last until August this year because of negative growth last year.
India’s industrial production rose by a sharp 22.4% in March after two months of contraction, helped by the year-earlier low base due to the first Covid wave, data released on Wednesday showed. Economists have warned that the second wave will dent growth expectations. Separately released data showed retail inflation eased to a three-month low in April to 4.29% from 5.52% in March due to softening food prices. ....

Rahul Bajoria , Aditi Nayar , Madan Sabnavis , Barclays India , Consumer Price Index , Care Ratings , Factory Output , ராகுல் பஜோரியா , பார்க்லேஸ் இந்தியா , நுகர்வோர் ப்ரைஸ் குறியீட்டு , பராமரிப்பு ரேடிஂக்ஸ் , தொழிற்சாலை ஔட்‌புட் ,