Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 June, 2018 09:55 IST
Industrial production rises to 4.9% in April 2018
Source: IRIS | 12 Jun, 2018, 05.51PM
Comments  |  Post Comment

Industrial production, as represented by Index of Industrial Production (IIP) for the month of April 2018 stands at 123.0, which is 4.9 percent higher as compared to the level in the month of April 2017. The cumulative growth for the period April-March 2017-18 over the corresponding period of the previous year stands at 4.3 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2018 stand at 103.8, 123.4 and 153.7 respectively, with the corresponding growth rates of 5.1 percent, 5.2 percent and 2.1 percent as compared to April 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 April 2018 as compared to the corresponding month of the previous year.

As per Use-based classification, the growth rates in April 2018 over April 2017 are 3.1 percent in Primary goods, 13.0 percent in Capital goods, 1.6 percent in Intermediate goods and 7.5 percent in Infrastructure/ Construction Goods.



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
GST leads to formalization of economy and widening of tax base - 18-Jun-2018 15:01
Wholesale Inflation accelerates to 4.43% in May 2018 - 14-Jun-2018 12:40
CPI inflation jumps to 4-month high in May 2018 - 12-Jun-2018 17:42
Economy moving from strength to strength: CII President - 12-Jun-2018 15:08
Government is working towards reducing the GST rates - 12-Jun-2018 15:06
Indian economy is in a sweet spot right now: CII President - 12-Jun-2018 15:00
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer