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India's August industrial output stands at 4.3 pct
New Delhi, Oct 12 (IBNS): India's industrial output in August marked a slower rise of 4.3 percent, government data released on Friday said.
The cumulative growth for the period April-August 2018 over the corresponding period of the previous year stands at 5.2 percent.
"The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of August 2018 stands at 127.4, which is 4.3 percent higher as compared to the level in the month of August 2017. The cumulative growth for the period April-August 2018 over the corresponding period of the previous year stands at 5.2 percent," read a government statement.
"The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2018 stand at 92.2, 129.8 and 167.2 respectively, with the corresponding growth rates of (-) 0.4 percent, 4.6 percent and 7.6 percent as compared to August 2017 (Statement I). The cumulative growth in these three sectors during April-August 2018 over the corresponding period of 2017 has been 3.9 percent, 5.4 percent and 5.8 percent respectively," it said.
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