MoSPI to now release IIP data on 28th of every month from April

The Ministry of Statistics & Programme Implementation (MoSPI) announced that the All India Index of Industrial Production (IIP) will be released within 28 days, starting from April 2025. This is a reduction from the previous 42-day timeline. The m...

Reuters
The Ministry of Statistics & Programme Implementation (MoSPI) on Thursday said that it will release the Index of Industrial Production (IIP) within 28 days instead of 42 days.

“From April 2025 onwards, All India Index of Industrial Production (IIP) will be released on 28th of every month at 4:00 PM within 28 days from the reference month. For a particular month IIP will be released as Quick Estimates followed by a Final Estimate," said MoSPI in a press statement.

"After due consultations with the source agencies and in keeping with stakeholders’ aspirations, it has been decided to reduce the timeline of release of IIP from 42 days to 28 days from reference month and also to do-away with second revision of IIP," added the ministry.


India’s industrial output growth eased to a six-month low of 2.9% in February, official data published Friday showed, reflecting a visible manufacturing slowdown and the impact of a high base.

The latest print marks a sharp decline from the Index of Industrial Production (IIP) growth of 5.2% in January and 5.6% in February 2024. Manufacturing growth halved to 2.9% in February, against 5.8% in January.

The decline mirrors the slowdown in core sector output, which fell to a five-month low of 2.9% in February, from 5.1% in January.
ADVERTISEMENT

Overall, industrial activity growth of 4.1% in 2024-25 (until February) was lower than 6% in the corresponding period in 2023-24.

Among the three major sectors, only electricity recorded a pickup in growth, rising to 3.6% in February, from 2.4% in January. Within manufacturing, 14 out of 23 sectors recorded positive growth in February. Key contributions include the manufacturing of basic metals (5.8%), motor vehicles, trailers and semi-trailers (8.9%), and other non-metallic mineral products (8.0%).

Mining sector growth declined to 1.6% from 4.4%.

Growth of all sectors classified by use-based categories fell in February, compared with January.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Indicators › MoSPI to now release IIP data on 28th of every month from April
Text Size:AAA
Success
This article has been saved

*

+