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Industrial production down for second month in a row

Ten out of the 22 industry groups in the manufacturing sector saw negative growth in December 2015 as compared to the corresponding month of the previous year

The Dollar Business Bureau

 

India’s Industrial output recorded a fall of 1.3% in December last year, continuing the downward trend from November when the production had declined by 3.2% year-on-year.

The Index of Industrial Production (IIP) for December 2015 stands at 183.4, lower than the level of 166.6 registered during the previous month. Cumulative growth during April-December was also 3.1% , down from April-November figure of 3.9%.

“Ten out of the 22 Industry Groups in the Manufacturing Sector have shown negative growth...

The post Industrial production down for second month in a row appeared first on The Dollar Business.



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Industrial production down for second month in a row

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