The growth of industrial production in the country
slowed down to 11.1 per cent during December 2006 from
a peak 14.4 per cent the previous month, as manufacturing
growth cooled to 11.9 per cent from 15.7 per cent in November
the April-December 2006-07 period, the index of industrial
production (IIP) went up to 239 from 215.7, showing a
growth of 10.8 per cent over 8 per cent in the corresponding
period of the previous year.
on a year-on-year basis, the 11.1 per cent growth in of
industrial production was markedly above the 5.7 per cent
growth recorded in the year-ago period.
Manufacturing growth for December was also considerably
higher at 11.9 per cent compared to 6.4 per cent a year-ago.
Growth in electricity generation came closer to the double-digit
figure, registering a growth of 9.3 per cent in December
against 3.4 per cent in the year-ago period. Even on sequential
basis, it showed an improvement from 8.7 per cent in November
in the mining sector, which peaked to seven per cent in
November, retracted to 3.8 per cent in December. But,
on a year-on-year basis, it was way above from a negative
0.1 per cent in the previous year period.
goods recorded a year-on-year growth of 11.7 per cent,
capital goods 20.2 per cent and intermediate goods 11.2
per cent in December.
consumer goods recorded a 7.4 per cent growth with consumer
durables and non-durables industries recording growth
rates of 3.3 per cent and 8.7 per cent, respectively.