IIP: India's Industrial Output Grows 4.9% In March
The Index of Industrial Production rose 4.9% last month, according to data published by the Ministry of Statistics and Programme Implementation.
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%.
Sectoral Estimates (YoY)
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%.
