India Infoline News Service / 11:10 , Jan 12, 2011
The industrial production, as measured by the IIP, stood at 2.7% in November versus 10.8% in October, the Union Commerce & Industry Ministry said today.
India's industrial output growth eased sharply in November compared to the previous month as weak performance in Manufacturing and Mining offset improvement in the Electricity space, data released by the Government showed on Wednesday.
The industrial production, as measured by the IIP, stood at 2.7% in November versus an upwardly revised 11.3% in October, the Union Commerce & Industry Ministry said today.
The November's IIP reading surpassed consensus expectations of a 6-6.5% growth.
October's IIP reading was revised up from a provisional estimate of 10.8%.
IIP Components - Growth Rate (yoy).
Manufacturing - 2.3% vs 12.3%.
Mining - 6% vs 10.7%.
Electricity - 4.6% vs 1.8%.
The industrial production, as measured by the IIP, stood at 2.7% in November versus 10.8% in October, the Union Commerce & Industry Ministry said today.
India's industrial output growth eased sharply in November compared to the previous month as weak performance in Manufacturing and Mining offset improvement in the Electricity space, data released by the Government showed on Wednesday.
The industrial production, as measured by the IIP, stood at 2.7% in November versus an upwardly revised 11.3% in October, the Union Commerce & Industry Ministry said today.
The November's IIP reading surpassed consensus expectations of a 6-6.5% growth.
October's IIP reading was revised up from a provisional estimate of 10.8%.
IIP Components - Growth Rate (yoy).
Manufacturing - 2.3% vs 12.3%.
Mining - 6% vs 10.7%.
Electricity - 4.6% vs 1.8%.
No comments:
Post a Comment