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Industial production growth rises to 4.5% in September 2018
Source: IRIS | 12 Nov, 2018, 06.33PM
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 September 2018 stands at 128.6, which is 4.5 percent higher as compared to the level in the month of September 2017. The cumulative growth for the period April-September 2018 over the corresponding period of the previous year stands at 5.1 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2018 stand at 94.6, 131.4 and 162.9 respectively, with the corresponding growth rates of 0.2 percent, 4.6 percent and 8.2 percent as compared to September 2017.

In terms of industries, seventeen 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 September 2018 as compared to the corresponding month of the previous year.

As per Use-based classification, the growth rates in September 2018 over September 2017 are 2.6 percent in Primary goods, 5.8 percent in Capital goods, 1.4 percent in Intermediate goods and 9.5 percent in Infrastructure/ Construction Goods.

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