INFOLINKS

Wednesday, November 14, 2012

Index of Industrial Production Slips by 0.4%

In September 2012, the Index of Industrial Production (IIP) declined 0.4%, mainly on account of a poor show by the capital goods and consumer durables sectors, which contracted 12.2% and 1.7%, respectively, implying a slowdown in investment activity and demand.
The indices of industrial production for mining, manufacturing and electricity sectors showed growth of 5.5%, (-)1.5% and 3.9%, according to the data released by the Ministry of Statistics and Programme Implementation.

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