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 September, 2018 03:22 IST
Industrial production eases to 3.2% in May 2018
Source: IRIS | 12 Jul, 2018, 06.24PM
Comments  |  Post Comment

Industrial production, as represented by Index of Industrial Production (IIP) for the month of May 2018 stands at 128.8, which is 3.2 percent higher as compared to the level in the month of May 2017. The cumulative growth for the period April-May 2018 over the corresponding period of the previous year stands at 4.0 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2018 stand at 107.5, 129.1 and 164.7 respectively, with the corresponding growth rates of 5.7 percent, 2.8 percent and 4.2 percent as compared to May 2017.

In terms of industries, thirteen 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 May 2018 as compared to the corresponding month of the previous year.

As per Use-based classification, the growth rates in May 2018 over May 2017 are 5.7 percent in Primary goods, 7.6 percent in Capital goods, 0.9 percent in Intermediate goods and 4.9 percent in Infrastructure/ Construction Goods.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Sun Pharma gets European Commission nod for ILUMETRI - 18-Sep-2018 17:02
Indian Hume Pipe receives LoA for order worth Rs 2.21 bn - 18-Sep-2018 16:58
ICICI Prudential Life and Saraswat Co-operative Bank sign bancassurance partnership - 18-Sep-2018 16:51
Tata iQ selects TCS Jile to Drive Agile Transformation - 18-Sep-2018 16:48
Max Life Insurance improves individual death claims paid ratio to 98.26% - 18-Sep-2018 16:44
Strides Pharma Science completes inspection for product pre-approval - 18-Sep-2018 16:39
Sensex ends 294 points lower; Nifty settles at 11,278-level - 18-Sep-2018 16:36
ICRA upgrades credit rating of SV Credit line - 18-Sep-2018 15:41
Government to merge Dena Bank, Vijaya Bank, Bank of Baroda - 18-Sep-2018 15:33
Larsen & Toubro wins orders worth Rs 20.48 bn - 18-Sep-2018 15:27
PNC Infratech provides update for NHAI road project in Uttar Pradesh - 18-Sep-2018 13:31
more...
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