Business EconomyPosted at: Nov 12 2018 6:51PM

New Delhi, Nov 12 (UNI) The Index of Industrial Production (IIP) for the month of September 2018 was 4.5 per cent higher as compared to same month last year while cumulative growth for the period April-September 2018 over the corresponding period of the previous year stood at 5.1 per cent.
The growth rates of Industrial Production for the Mining, Manufacturing and Electricity sectors for September stood 0.2 per cent, 4.6 per cent and 8.2 per cent as compared to September 2017.
The cumulative growth in these three sectors during April-September 2018 over the corresponding period of 2017 has been 3.3 per cent, 5.3 per cent and 6.2 per cent respectively.
In terms of industries, 17 out of the 23 industry groups in the manufacturing sector have shown positive growth during September as compared to the corresponding month of the previous year.
The industry group ‘Manufacture of furniture’ has shown the highest positive growth of 32.8 per cent followed by 20.9 per cent in ‘Manufacture of wearing apparel’ and 20.6 per cent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’.
On the other hand, the industry group ‘Printing and reproduction of recorded media’ have shown the highest negative growth of (-) 12.9 per cent followed by (-) 10.7 per cent in ‘Other manufacturing’ and (-) 7.3 per cent in ‘Manufacture of tobacco products’.
As per Use-based classification, the growth rates in September this year over same month last year are 2.6 per cent in Primary goods, 5.8 per cent in Capital goods, 1.4 per cent in Intermediate goods and 9.5 per cent in Infrastructure/ Construction Goods .
The Consumer durables and Consumer non-durables have recorded growth of 5.2 per cent and 6.1 per cent respectively, according to data released by the Ministry of Statistics & Programme Implementation.
UNI RSA SY 1851

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