ET poll sees November IIP AT 1.6%

Industrial activity as measured by the Index of Industrial Production (IIP) is expected to rebound into positive territory in the month of November, even though the growth rate will remain moderate, shows a poll conducted by ET among 12 economists.

According to the poll consensus IIP numbers will be at 1.6% in November, on back of the lower base effect and the growth rate which began to show signals of recovery in the second half of November.

IIP numbers rose 5.3% in November last year ��� the lowest in the 13 months leading to it ��� according to the government data. IIP numbers for this November will be released on coming Monday.