India’s industrial production growth edges up to 4.5% in September
13 Nov 2018
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Industrial production in the country, based on the index of industrial production (IIP), expanded 4.5 per cent year-on-year in September 2018, a tad higher than the 4.3 per cent growth reported in August and unchanged from levels in September last year, data released by the ministry of statistics and programme implementation showed.
The figures for August have since been revised to 4.67 per cent from 4.3 per cent earlier.
Cumulative growth in industrial production during the period April-September 2018 stands at 5.1 per cent year-on-year.
Output in the mining sector expanded 0.2 per cent year-on-year compared with 7.6 per cent in the same month last year.
Manufacturing output rose 4.6 per cent compared with last year’s growth of 3.8 per cent.
Electricity generation expanded 8.2 per cent in September compared with a 3.4 per cent rise in September last year.
Output in 17 of the 23 industry groups in the manufacturing sector grew in September, with furniture, wearing apparel and wood and wood products showing the highest growth. On the other hand, printing and reproduction of recorded media, tobacco products saw the steepest decline.
Output in the primary goods sector rose 2.6 per cent, while capital goods output increased 5.8 per cent and production of intermediate goods grew 1.4 per cent in September. Production in the infrastructure goods sector rose 9.5 per cent during the month.
Production of consumer durables rose 5.2 per cent while non-consumer durables output grew 6.1 per cent year-on-year.
