Manufacturing of primary goods de-grew by 5.1 per cent on YoY basis
IIP
Posted inSectors
IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of money
The August IIP numbers were the lowest in seven years showing negative growth of 1.1%
Posted inSectors
Industrial production growth slows to 4-month low of 2% in June
There was a slowdown in the manufacturing sector, which grew at 1.2% in June as compared to 6.9% a year ago