IIP: India's Industrial Output Grows 4.9% In March

India's industrial output eased in March, amid slower growth in mining.

The index of industrial production rose 4.9% in March, as compared with 5.6% in February, according to data published by the Ministry of Statistics and Programme Implementation.

Economists polled by Bloomberg had forecast March IIP growth at 5.2%.

• Mining output rose by 1.2%, as compared with 8.1% in February.

• Manufacturing output grew by 5.2%, as against 4.9% last month.

• Electricity generation increased by 8.6%, as compared with 7.5% last month.

Industrial output, as classified by the end use of goods, showed:

• Primary goods output rose 2.5%, as compared with 5.9% in February.

• Capital goods output increased 6.1%, as against 1% last month.

• Intermediate goods output rose 5.1%, as compared with 8.7%.

• Infrastructure and construction goods output gained 6.9%, as compared with 8.5%.

• Consumer durables output rose 9.5%, as against 12.4%.

• Consumer non-durable output fell 4.9%, as compared with -3.5%.