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JUNE IIP DATA
India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...- India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
- Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
- India to revamp IIP with new base year, wider coverage from June 1India will launch an updated Index of Industrial Production on June 1. The new IIP will feature a 2022-23 base year and include sectors lik...
- More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
- Core sector output rises 1.7% in AprilIndia's core sector output saw a rise in April, reaching 1.7% growth compared to the previous year. This improvement was driven by increase...
- 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-...
- States told to shift to new base year for GSDP by end of FY27The statistics ministry has directed states to adopt 2022-23 as the new base year for Gross State Domestic Product (GSDP) computation by fi...
- India industrial output at 4.1%, hit by Iran warIndia's industrial output grew 4.1% in March, a five-month low. This slowdown was influenced by weaker electricity and manufacturing sector...
- Industrial growth dips to five-month low of 4.1% in MarchIndia’s industrial output growth slowed to a five-month low of 4.1% in March from 5.1% in February, weighed down by weaker manufacturing an...
- India's industrial production grows at 4.8 per cent in July 2024India's Index of Industrial Production (IIP) grew by 4.8% in July, up from 4.2% in June, according to MoSPI data. Mining, manufacturing, an...
- India's industrial output rises 3.7% in June, down from 5.3% in MayIndia's industrial production dipped to 3.7 per cent in June, down from 5.3 per cent in June 2023, according to the official data released ...
- Power consumption grows marginally by 1.8 pc to 407.76 bn units in Apr-Jun quarterPower consumption grew marginally by 1.8 per cent year-on-year to 407.76 billion units in the April-June quarter, mainly due to unseasonal ...
- Industrial production grows at a 5-month high of 7% in JuneThe IIP had risen by 3.2 per cent in the month of May dragged down by sluggish growth in manufacturing and power sector. Manufacturing sect...
- 72% hike, 84% fall: Rubber insulated cables play havoc with IIP despite 0.12% weightageAn item with a 0.12 weightage on the IIP has been playing havoc with factory data for years, distorting the real picture every month.
- Chennai floods affect plans to launch new IIP series in JuneDue to the floods, many factories and offices became non operational in Chennai and field officers could not collect the required data.
- IIP numbers consistent with steady improvement in GDP: Shaktikanta Das"July IIP data consistent with steady improvement in GDP numbers," Economic Affairs Secretary Shaktikanta Das tweeted.
- Stark disconnect between poor IIP numbers & Q1 earnings of capital goods, consumer non-durables companiesPlan panel advisor Pronab Sen feels anomaly is due to the way companies report their earnings and has nothing to do with data collection.
- June IIP up 8.8%; Pranab says encouraging, experts not convincedManufacturing growth for the month of June was at 10% as compared to 5.6% in May. The growth of basic goods was at 7.5% against 7.2% in May.
- No slowdown in industrial activity: CMIEA leading economic think-tank has said that industrial activity in the country would not slow down despite the monthly Index of Industrial ...
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