IIP Growth Recovers From 10 Month Low

Capital Market 

The index of industrial production saw a 1.3% year-on-year rise, according to data released on Friday. It had slumped to a 10-month low of 0.4% in December 2021. For the month of January 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 138.4. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2022 stand at 124.7, 138.1 and 165.6 respectively.

As per Use-based classification, the indices stand at 136.5 for Primary Goods, 91.9 for Capital Goods, 151.1 for Intermediate Goods and 158.2 for Infrastructure/ Construction Goods for the month of January 2022. Further, the indices for Consumer durables and Consumer non-durables stand at 119.8 and 152.9 respectively for the month January 2022.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, March 11 2022. 17:49 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU