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Workers at Anand Parbat Industrial area in New Delhi(Sanjeev Verma/ Hindustan Times)

India’s factory activity falls to 10-month low

By Asit Ranjan Mishra, Livemint, New Delhi
UPDATED ON JUN 02, 2021 04:43 AM IST
  • Data released by data analytics firm IHS Markit on Tuesday showed manufacturing purchasing managers’ index (PMI) fell to 50.8 in May from 55.5 in April.
The purchasing managers’ index (PMI) for April rose to 55.5 after falling to a seven-month low of 55.4 in March. Vivek Prakash/Bloomberg (Bloomberg)(HT_PRINT)
The purchasing managers’ index (PMI) for April rose to 55.5 after falling to a seven-month low of 55.4 in March. Vivek Prakash/Bloomberg (Bloomberg)(HT_PRINT)

Factory output sees marginal growth in April

By Asit Ranjan Mishra, New Delhi
PUBLISHED ON MAY 04, 2021 01:02 AM IST
  • This is in line with trade data issued by the commerce ministry on Sunday which showed merchandise exports stayed robust in April despite localized lockdowns, reflecting increasing external demand for Indian goods.
On the brighter side, the data does show a sequential recovery in industrial activity over the previous months.(Bloomberg)
On the brighter side, the data does show a sequential recovery in industrial activity over the previous months.(Bloomberg)

Factory output contracts for fifth consecutive month

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON SEP 12, 2020 02:58 AM IST
Experts believe a sequential recovery will continue in the months of August and September, but that the lack of fiscal stimulus and dissipation of pent-up demand could generate headwinds to this process.
Out of the 32 manufacturing sub-sectors, only pharmaceuticals (34.6%) and tobacco (4.5%) recorded growth.
Out of the 32 manufacturing sub-sectors, only pharmaceuticals (34.6%) and tobacco (4.5%) recorded growth.

Factory output shrinks sharply in June to 16.6%

Hindustan Times, New Delhi | By Asit Ranjan Mishra, New Delhi
UPDATED ON AUG 12, 2020 04:44 AM IST
Data released by the National Statistical Office on Tuesday showed the Index of Industrial Production (IIP) contracted 16.6% in June against a 34% contraction in May.
Both manufacturing and services PMI showed significant improvement in June over May, though still in contraction zone, signalling a pick-up in economic activity.(AFP)
Both manufacturing and services PMI showed significant improvement in June over May, though still in contraction zone, signalling a pick-up in economic activity.(AFP)

Factory output shrank at a lower pace in May

Hindustan Times, New Delhi | By Asit Ranjan Mishra
UPDATED ON JUL 11, 2020 09:09 AM IST
Recent leading indicators for June have signalled a quicker normalisation of economic activity, coinciding with the relaxation of lockdown restrictions on June 1, but the latest surge in Covid-19 cases and renewed curbs may delay the recovery.
A slowdown was witnessed in the manufacturing sector, which declined by 3.9 per cent in September as compared to 4.8 per cent growth a year ago. (Bloomberg)
A slowdown was witnessed in the manufacturing sector, which declined by 3.9 per cent in September as compared to 4.8 per cent growth a year ago. (Bloomberg)

Industrial production contracts 4.3 per cent in September

New Delhi | By Press Trust of India
UPDATED ON NOV 11, 2019 06:09 PM IST
Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 4.6 per cent in September 2018.
Workers and customers look through the goods at a wholesale food grain and commodities shop in the Agricultural Product Marketing Committee (APMC) Yard in Bangalore.(AFP file photo)
Workers and customers look through the goods at a wholesale food grain and commodities shop in the Agricultural Product Marketing Committee (APMC) Yard in Bangalore.(AFP file photo)

Retail inflation eases to 2.05% in January, factory output improves

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 12, 2019 06:04 PM IST
Retail inflation declined from 2.19 per cent in December last year to 2.05 per cent in January this year, according to the data released by the Central Statistics Office (CSO) on Tuesday.
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