Industrial production grows 5.7% in November 2016
According to the latest factory output and inflation data Index of Industrial Production (IIP) released by the statistics office showed industrial production at a one-year high of 5.7% in November 2016.
About Other Sectors :
Consumer inflation fell in December 2016 to 3.41% and CPI inflation was marginally higher at 3.63% in November 2016. Manufacturing PMI(Purchasing Managers’ Index) for December 2016 had shown a Industrial production grows 5.7% in November 2016contraction for the first time in 2016. The numbers also got a lift from the weak base of November 2015 that had a 3.4% contraction.
Electricity generation registered the fastest growth at 8.9%
Manufacturing output is increased by 5.5%
Mining production is raised by 3.9%
Capital goods grew by a robust 15%
Basic goods increased by 4.7% and
Output of intermediate is raised by 2.7%
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