Index of Industrial Production(IIP)

News:India’s industrial sector production(IIP) has contracted by 1.1% in August when compared to the production in the same month in 2018. Facts: About IIP: The Index of Industrial Production (IIP) is a composite indicator that measures changes in the volume of production of a basket of industrial products. The index is compiled and published monthly… Continue reading Index of Industrial Production(IIP)

Industrial production growth slips to 2% in June

India’s Index of industrial production(IIP) has slowed down to 2% in June,2019. The growth was pulled down by a sharp decline in the output of mining and manufacturing sectors. IIP measures industrial output growth.The IIP is an index which details out the growth of various sectors in an economy such as mineral mining, electricity and… Continue reading Industrial production growth slips to 2% in June

IIP dips to 3.1% in May on slowdown

India’s Index of industrial production(IIP) has slowed down to 3.1% in May,2019.The IIP was 4.3% in April,2019. This decline has happened due to slowdown in manufacturing and mining sector. However,IIP growth remained stable due to improvement in the growth of electricity generation and fast moving consumer goods sector. IIP measures industrial output growth.The IIP is… Continue reading IIP dips to 3.1% in May on slowdown

IIP at a 21-month low as manufacturing slows down

India’s Index of industrial production(IIP) has declined by 0.1% in March,2019.It is the lowest in last 21 months.This decline has happened due to slowdown in (a)manufacturing (b)capital goods and (c)consumer durables sectors. However, growth in eight core infrastructure industries hit a five month high of 4.7% in March,2019 due to strong output in coal and… Continue reading IIP at a 21-month low as manufacturing slows down

Retail Inflation cools further to 2.05% in Jan

According to the data released from the Central Statistics Office (CSO), retail inflation for the month of January has declined to 2.05%.  This decline has been primarily due to a) sustained decline in food prices and b) a sharp decline in energy prices.  It is based on the Consumer Price Index (CPI). It reflects changes… Continue reading Retail Inflation cools further to 2.05% in Jan