Tuesday, Jan 22 2019 | Time 17:39 Hrs(IST)
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  • " BJP politically scared " : Derek
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Business Economy Share

New Delhi, Aug 10 (UNI) Index of Industrial Production (IIP) recorded a high 7 percent month-on-month (MoM) for June from 3.9 percent in May. This is the highest level achieved by the index in the last five months.
According to data released by the Central Statistics Office on Friday, growth was driven by a pick up in capital goods manufacturing, which contributes 78 percent of the index.
Manufacturing grew 6.9 percent in June compared with a 2.8 percent increase in May.
The cumulative growth for the period April-June (Q1) 2018 stands at 5.2 US over the corresponding period of the previous year.
Capital goods registered a growth 9.6 per cent. 19 out of 23 industry groups recorded positive growth with computer and electronics growth at 44%.
The Index of Industrial Production (IIP) is an index for India which details out the growth of various sectors in an economy.
UNI JPG RJ 2124
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22 Jan 2019 | 5:26 PM

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22 Jan 2019 | 5:26 PM

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22 Jan 2019 | 5:24 PM

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