IIP: India's Industrial Output Rises By 5.9% In May

India's industrial output grew at the fastest pace in seven months led by a surge in electricity and a modest pick up in manufacturing.

The Index of Industrial Production grew by 5.9% in May, as compared with growth of 5% in April, according to data published by the Ministry of Statistics and Programme Implementation on Friday.

Sectoral Estimates (YoY)

• Mining output rose by 6.6% in May, as compared to 6.7% in April.

• Manufacturing output grew by 4.6%, as against 3.9% in the last month.

• Electricity generation rose by 13.7%, as compared with 10.2% in the previous month.

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

• Primary goods output rose by 7.3%, as compared with 7% in April.

• Capital goods output increased 2.5%, as against 3.1% in the previous month.

• Intermediate goods output grew by 2.5%, as compared with 3.2% last month.

• Infrastructure and construction goods output gained 6.9% versus 8% a month ago.

• Consumer durables output rose by 12.3%, after growing by 9.8% in the previous month.

• Consumer non-durables output rose by 2.3% versus 2.4% last month.

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