Tuesday, June 15, 2021
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Industrial output rises 2.5% in September

Industrial production rose by 2.5 per cent in September compared to 0.4 per cent in August.

The retail inflation dropped to 5.52 per cent in October on falling prices of food and oil, the lowest since India started computing Consumer Price Index (CPI) in January 2012.

Factory output measured in terms of the Index of Industrial Production (IIP) growth remained slow in August mainly due to contraction in manufacturing output and lower offtake of consumer goods.

The index had also grown at a meagre rate of 0.4 per cent in August, 2013.

During the April-August period of 2014-15, IIP grew at 2.8 per cent, as against flat production in same period in the previous fiscal.

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