Industrial production shrank 0.7 per cent in August as compared to a 2.4 per cent contraction in July, mainly on account of declining output in manufacturing and capital goods sectors.
On a cumulative basis, the factory output, as measured by the index of industrial production, in April-August declined by 0.3 per cent compared with the corresponding period a year ago.
Output in mining, manufacturing and electricity sectors for the month of August grew 0.6 per cent, (-)1.2 per cent and 5.7 per cent, respectively.
Among other sectors, output in capital goods slumped 22.2 per cent in capital goods.
Industrial production shrank 0.7 per cent in August as compared to a 2.4 per cent contraction in July, mainly on account of declining output in manufacturing and capital goods sectors.
On a cumulative basis, the factory output, as measured by the index of industrial production, in April-August declined by 0.3 per cent compared with the corresponding period a year ago.
Output in mining, manufacturing and electricity sectors for the month of August grew 0.6 per cent, (-)1.2 per cent and 5.7 per cent, respectively.
Among other sectors, output in capital goods slumped 22.2 per cent in capital goods.
Industrial production shrank 0.7 per cent in August as compared to a 2.4 per cent contraction in July, mainly on account of declining output in manufacturing and capital goods sectors.
On a cumulative basis, the factory output, as measured by the index of industrial production, in April-August declined by 0.3 per cent compared with the corresponding period a year ago.
Output in mining, manufacturing and electricity sectors for the month of August grew 0.6 per cent, (-)1.2 per cent and 5.7 per cent, respectively.
Among other sectors, output in capital goods slumped 22.2 per cent in capital goods.