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Industial production growth eases to 4.3% in August 2018
Source: IRIS | 12 Oct, 2018, 06.02PM
Rating: NAN / 5 stars.
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Industrial production, as represented by Index of Industrial Production (IIP) with base 2011-12 for the month of August 2018 stands at 127.4, which is 4.3 percent higher as compared to the level in the month of August 2017. The cumulative growth for the period April-August 2018 over the corresponding period of the previous year stands at 5.2 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2018 stand at 92.2, 129.8 and 167.2 respectively, with the corresponding growth rates of (-) 0.4 percent, 4.6 percent and 7.6 percent as compared to August 2017.

In terms of industries, sixteen out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of August 2018 as compared to the corresponding month of the previous year.

As per Use-based classification, the growth rates in August 2018 over August 2017 are 2.6 percent in Primary goods, 5.0 percent in Capital goods, 2.4 percent in Intermediate goods and 7.8 percent in Infrastructure/ Construction Goods.



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