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Industrial Production Growth Estimated At 134.4% In April Due To Low Base Effect

IIP Data: Industrial production grew by 13.4 per cent in April 2021
IIP Data: Industrial production grew by 13.4 per cent in April 2021
Industrial production grew by 13.4 per cent in April 2021 from a year earlier, government data showed on Friday, June 11, registering a sharp recovery as a result of the base effect due to the COVID-19 lockdown that hit economic activity last year. The industrial output index increased to 126.6 in April from 54.0 in the corresponding month last year. The industrial production, or the factory output, gauged by the Index of Industrial ...
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