Tuesday, September 17, 2019
News

Industrial production slips to 4.3 pc y-o-y in July

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | September 12, 2019 7:11:41 PM IST
Industrial production growth dropped to 4.3 per cent in July due to a slowdown in the manufacturing sector, data released by the government showed on Thursday.

Factory output as measured in terms of the Index of Industrial Production (IIP) was recorded at 6.5 per cent in July 2018.

The manufacturing sector grew at 4.2 per cent in July as compared to 7 per cent a year ago, according to a statement issued by the Ministry of Statistics and Programme Implementation.

The power generation sector grew at 4.8 per cent as compared to 6.6 per cent in July last year. Mining growth was 4.9 per cent in July as against 3.4 per cent in the corresponding month of previous fiscal.

The IIP for the mining, manufacturing and electricity sectors for July 2019 stand at 100.2, 132.9 and 169.7 respectively with the corresponding growth rates of 4.9 per cent, 4.2 per cent and 4.8 per cent as compared to July 2018.

The cumulative growth in these three sectors from April to July 2019 over the corresponding period of 2018 has been 3.4 per cent, 2.8 per cent and 6.6 per cent respectively. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Wipro ties up with German i4.0 for digit...
Govt nudges Apple Inc to increase Indian...
Delhi EV move may help save Rs 6,000 cr ...
Sensex, Nifty fall with attack on Saudi ...
August wholesale inflation unchanged fro...
Top Northern Command officers meet Finan...
More...
 
INDIA WORLD ASIA
Veteran journalist Ajay Singh President'...
Dalit BJP MP denied entry to a temple in...
BJP leaders extend birthday greetings to...
Ram Janmabhoomi Nyas based on malicious ...
Sonia considering Tanwar, Nayak as Delhi...
Stalin takes dig at purohits, backs 'ref...
More...    
 
 Top Stories
Shehbaz Sharif meets Nawaz in jail... 
Christian Navarro: Excited to see w... 
Garware CMD seeks fresh term amid c... 
Blast hits President Ghani's campai... 
J-K's cultural, religious monuments... 
52-year-old man reunited with famil... 
Delhi: JW Marriott Aerocity paves w... 
Former AP Speaker's suicide case is...