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index of industrial production

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Employees guide finished corrugated steel roofing onto a pallet in the tube mill at the manufacturing facility of Uttam Galva Steels Ltd., the Indian unit of ArcelorMittal, in Khopoli, Maharashtra, India.

Industrial production at 22.4 % in March, rises after 2 months

PTI |
PUBLISHED ON MAY 12, 2021 07:14 PM IST
  • The manufacturing sector -- which constitutes 77.63 per cent of the index of industrial production (IIP) -- grew by 25.8 per cent in March 2021, as per the data released by the National Statistical Office (NSO) on Wednesday.
The IIP had grown by 0.4 per cent in December 2019.(Reuters/ File photo)
The IIP had grown by 0.4 per cent in December 2019.(Reuters/ File photo)

Industrial production grows by 1 pc in December

PTI | , New Delhi
PUBLISHED ON FEB 12, 2021 06:00 PM IST
  • According to the Index of Industrial Production (IIP) data, the manufacturing sector output grew by 1.6 per cent in December 2020. Mining output declined by 4.8 per cent, while power generation grew 5.1 per cent in December 2020.
Union finance minister Nirmala Sitharaman at National Media Centre, New Delhi, November 12, 2020(Sanjeev Verma/HT PHOTO)
Union finance minister Nirmala Sitharaman at National Media Centre, New Delhi, November 12, 2020(Sanjeev Verma/HT PHOTO)

All eyes on the economy | HT Editorial

UPDATED ON NOV 13, 2020 08:42 PM IST
The central government’s measures are positive. But are they sufficient?
Finance minister Nirmala Sitharaman addresses the media in New Delhi on Monday.(Ajay Aggarwal/HT Photo)
Finance minister Nirmala Sitharaman addresses the media in New Delhi on Monday.(Ajay Aggarwal/HT Photo)

State of the economy: The recovery question

UPDATED ON OCT 13, 2020 05:54 AM IST
The post-lockdown sequential recovery is flattening and inflation is gathering momentum. This raises questions on the recent optimism around economic recovery.
A worker pours molten iron from a ladle to make automobile spare parts inside an iron casting factory in Ahmedabad in this tile photo. Industrial production declined by 8 per cent in August, official data showed on Monday.(REUTERS)
A worker pours molten iron from a ladle to make automobile spare parts inside an iron casting factory in Ahmedabad in this tile photo. Industrial production declined by 8 per cent in August, official data showed on Monday.(REUTERS)

Industrial production declines 8% in August

New Delhi | By Press Trust of India | Posted by Meenakshi Ray
PUBLISHED ON OCT 12, 2020 06:35 PM IST
According to the Index of Industrial Production (IIP) data, manufacturing sector production registered a decline of 8.6 per cent, while the output of mining and power segments fell 9.8 per cent and 1.8 per cent, respectively.
A labourer works at Shankar Chowk elevated U-turn flyover during the ongoing Covid-19 lockdown in Gurugram on June 13, 2020.(PTI Photo)
A labourer works at Shankar Chowk elevated U-turn flyover during the ongoing Covid-19 lockdown in Gurugram on June 13, 2020.(PTI Photo)

What IIP numbers tell us about industrial activity in lockdown

Hindustan Times, New Delhi | By Roshan Kishore and Vineet Sachdev
UPDATED ON AUG 19, 2020 02:05 AM IST
Numbers suggest that the sequential recovery in June was led by pent-up demand due to the Covid-19 lockdown
The government needs to realise that ensuring publication of quality economic data is as important as monitoring health indicators during the pandemic(Pradeep Gaur/Mint)
The government needs to realise that ensuring publication of quality economic data is as important as monitoring health indicators during the pandemic(Pradeep Gaur/Mint)

Economic data will help policy

Hindustan Times | By HT Correspondent
UPDATED ON JUN 16, 2020 07:33 PM IST
Release the consumption survey. And ramp up research
During April, manufacturing production contracted 64.3% while mining and electricity output shrank by 27.4% and 22.6%, respectively.(Bloomberg File Photo)
During April, manufacturing production contracted 64.3% while mining and electricity output shrank by 27.4% and 22.6%, respectively.(Bloomberg File Photo)

April factory output contracts by 55.5%

Mint, New Delhi | By Asit Ranjan Mishra
UPDATED ON JUN 13, 2020 08:09 AM IST
The use-based categories of factory output shows the lockdown had varying impact on sectors.
Electricity generation grew at 8.1 per cent as against a growth of 1.3 per cent in February 2019. Mining sector output grew by 10 per cent compared to a growth of 2.2 per cent earlier. (Photo by Sakib Ali /Hindustan Times)
Electricity generation grew at 8.1 per cent as against a growth of 1.3 per cent in February 2019. Mining sector output grew by 10 per cent compared to a growth of 2.2 per cent earlier. (Photo by Sakib Ali /Hindustan Times)

Industrial production grows 4.5 % in February

New Delhi | By Press Trust of India
UPDATED ON APR 09, 2020 06:09 PM IST
According to National Statistical Office (NSO) data, manufacturing sector output rose by 3.2 per cent compared to contraction of 0.3 per cent in the same month a year ago.
The number underlines the signs of some sort of recovery in industrial activity(Ramesh Pathania /HT File Photo)
The number underlines the signs of some sort of recovery in industrial activity(Ramesh Pathania /HT File Photo)

Factory output recovers in November, expands by 1.8%

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON JAN 11, 2020 06:46 AM IST
A usage-wise break up of the Index of Industrial Production (IIP) shows that the growth was driven by intermediate goods and consumer goods while primary goods, infrastructure goods and capital goods continued to contract in November.
The second factor at play is the squeeze on farm incomes through low inflation(AP)
The second factor at play is the squeeze on farm incomes through low inflation(AP)

The economic contraction | HT Editorial

Hindustan Times | By HT Correspondent
UPDATED ON NOV 12, 2019 06:20 PM IST
There is a way out. Focus on the informal sector and rural incomes
In the first two quarters after the new government took over in May, GDP growth increased by 3.4 percentage points again.(PTI File Photo)
In the first two quarters after the new government took over in May, GDP growth increased by 3.4 percentage points again.(PTI File Photo)

Why Modi government 2.0 might have to change its political economy script

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON SEP 14, 2019 09:09 AM IST
Economic indicators do not lend themselves easily to such high-frequency analysis. Gross domestic product (GDP) data for the current fiscal year is available only for the first quarter, which ended in June.
A comparison of domestic sales of two-wheelers and passenger cars with quarterly GDP figures suggests that the recent deceleration in vehicle sales is in keeping with the fall in GDP growth.(AP)
A comparison of domestic sales of two-wheelers and passenger cars with quarterly GDP figures suggests that the recent deceleration in vehicle sales is in keeping with the fall in GDP growth.(AP)

Auto in slow lane: Making sense of crash in car sales

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON JUN 14, 2019 08:30 AM IST
A comparison of passenger car sales growth and net perception on non-essential spending shows that the two move together more closely and have achieved their maximum and minimum values in almost the same periods.
Several consumer product firms that reported tepid January-March results have attributed this to falling rural sales.(REUTERS FILE PHOTO FOR REPRESENTATION)
Several consumer product firms that reported tepid January-March results have attributed this to falling rural sales.(REUTERS FILE PHOTO FOR REPRESENTATION)

Rural incomes slow down, may necessitate stimulus

Hindustan Times, New Delhi | By Zia Haq
UPDATED ON MAY 14, 2019 09:39 AM IST
Several consumer product firms that reported tepid January-March results have attributed this to falling rural sales.
Eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had expanded by 5.4 per cent in February 2018.(Getty Images)
Eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had expanded by 5.4 per cent in February 2018.(Getty Images)

Core sectors’ growth slows down to 2.1 % in February

By Press Trust of India
UPDATED ON APR 01, 2019 10:42 PM IST
Production of crude oil and refinery products contracted by 6.1 per cent, and 0.8 per cent, respectively, in February.
The CSO, however, revised marginally upwards the IIP growth number for December 2018 to 2.6 per cent from the earlier estimate of 2.4 per cent.
The CSO, however, revised marginally upwards the IIP growth number for December 2018 to 2.6 per cent from the earlier estimate of 2.4 per cent.

Inflation at 4-month high in February, industrial growth slows down

New Delhi | By Press Trust of India
UPDATED ON MAR 12, 2019 09:43 PM IST
According to the data released by the Central Statistics Office (CSO), the Index of Industrial Production (IIP) expanded by just 1.7 per cent in January, significantly down from 7.5 per cent growth in the year-ago month.
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.
A worker stands inside a paint factory in Gwalior, Madhya Pradesh.(Bloomberg)
A worker stands inside a paint factory in Gwalior, Madhya Pradesh.(Bloomberg)

India’s industrial production growth slips to 3-month low of 4.3% in August

New Delhi | By Press Trust of India
UPDATED ON OCT 12, 2018 06:16 PM IST
The industrial production measured in terms of Index of Industrial Production (IIP) was 4.8 per cent in August last year, the CSO data released Friday showed.
(Reuters File)
(Reuters File)

India’s industrial output rises to four-month high of 7% in June

New Delhi | By Press Trust of India
UPDATED ON AUG 10, 2018 06:04 PM IST
The cumulative growth for the period April-June 2018 stands at 5.2 per cent over the corresponding period of the previous year.
The manufacturing economy seems to have overcome the aftershocks of demonetisation and GST.(Bloomberg/Picture for representation)
The manufacturing economy seems to have overcome the aftershocks of demonetisation and GST.(Bloomberg/Picture for representation)

Demand back in economy as corporate earnings set to rise in double-digit for third straight quarter

HT Correspondent, New Delhi | By Zia Haq
UPDATED ON JUL 13, 2018 11:44 PM IST
From automobiles to packaged consumer goods makers, companies are poised to report strong, double-digit growth in sales for the third straight quarters in the three months ended June, the first quarter of the current financial year.
Cumulatively, the eight core sectors grew by 4.3% in April-February 2017-18 against 4.7% in the same period last fiscal.(Reuters File Photo)
Cumulatively, the eight core sectors grew by 4.3% in April-February 2017-18 against 4.7% in the same period last fiscal.(Reuters File Photo)

Infrastructure growth rises 5.3% in February as cement, refinery outputs pick up

Press Trust of India, New Delhi | By HT Correspondent
UPDATED ON APR 02, 2018 06:29 PM IST
The eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had grew by just 0.6% in February 2017. The core sectors expanded by 6.1% in January.
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