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INDIA IIP AUGUST
Capital goods boom, apparel bust: India's manufacturing growth is concentrated where it creates the fewest jobsIndia's industrial growth shows a worrying divide. Capital-intensive sectors driven by domestic demand are performing well. However, labor-...- India's industrial production rebounds to 3.1% in September from 0.1% contraction in AugustIndia's Index of Industrial Production (IIP) grew by 3.1% in September, a rebound from a 0.1% contraction in August. Economists had expecte...
- India's industrial production contracts 0.1 per cent in August 2024India's Index of Industrial Production (IIP) contracted by 0.1 per cent in August on an annual basis, following a 4.7 per cent growth in Ju...
- India's industrial growth slows to three-month low of 5.8% in Sep from 10.3% in AugIndia's industrial production increased by 5.8% in September, following a 10.3% increase in August and 3.3% in the same month a year ago. T...
- India's industrial production grows 10.3% in August, highest since June 2022India's industrial production in August rose to 10.3 per cent after growing 5.7 per cent in July, official data showed on Thursday.
- India IIP data for August out, industrial production shrinks 0.8%Retail inflation data for September was also released today. It showed CPI jumped to 7.4 per cent during the month owing to a rise in food ...
- Sept retail inflation at 5-month low, Aug factory output up 11.9%Data shows India’s retail inflation fell to a five-month low of 4.35% in September while factory output grew 11.9% in August.
- PMI is not a proxy to IIP: CARE RatingsCARE Ratings said that the correlation between the Purchasing Managers’ Indexes– manufacturing and services and the respective lagged varia...
- Industrial production output continues to shrink in double digits; contracts 10.4% in JulyThe double-digit fall also marked a weak start to the second quarter of FY21 after April-June gross domestic product (GDP) contracted 23.9%...
- Industrial Output rises 3.8% in September but lower than AugustOutput, as measured by the Index of Industrial Production (IIP), rose 3.8% in September, compared with an upward revised 4.5% in August.
- Factory growth, inflation likely to trend higher: ReportAccording to official data, India's retail inflation had swelled to 5-month high of 3.36 per cent in August on costlier vegetables and frui...
- Plunging capital goods output dragged IIP: India RatingsThe rating agency added that industrial growth is unlikely to return to a sustained positive growth path so long as private sector investme...
- India Inc pitches for sops to boost consumption-driven demand"The industrial output growth for August is a dampener with a huge drop in capital goods, meaning thereby the investment cycle is stubbornl...
- IIP, CPI data show steady growth: Finance MinistryThe August IIP growth has registered an increase of more than 6 % after 34 months, a ministry statement said late Tuesday.
- Latest IIP, CPI data shows steady economic growth: Finance MinistryThe August IIP growth has registered an increase of more than 6 % after 34 months, a ministry statement said late Tuesday.
- Latest IIP data not worrisome: Nirmala SitharamanMinister said that had it not been the case, global rating agencies like Standard & Poor's would not have given a stable outlook on India.
- August IIP at a high of 2.7 pc due to base effect: AnalystsWith the IIP surprising on the upside at 2.7 pc for the month of August, analysts and experts have cheered the expansion.
- IIP growth disappointing; may affect Q2 GDP: Pranab"To what extent it (slowdown in IIP) would affect, it would be premature to make any assessment," Mukherjee added.
- August IIP growth below estimates, slows to 4.1%Manufacturing output, which constitutes about 76% of the industrial production, rose an annual 4.5% in Aug versus 2.3% in July. Mining grow...
- Industrial growth slumps to 5.6%INDIA’S industrial output growth plummeted to a 14-month low in August, much below analysts’ estimates, indicating a possible slowdown in g...
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