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SEPTEMBER IIP
IIP growth in August eases to 4% over manufacturing dipIndia’s industrial output growth eased to 4% in August from 4.3% in July, mainly due to a slowdown in manufacturing, which grew 3.8% YoY. M...- Industrial output expands 3.1% in September on base effect, festivalsExcluding August performance, the September output growth was at a nine-month low. It had increased by 6.4% in September 2023. For the quar...
- 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 ...
- Factory output shrinks 4.3%; Lowest in almost 8 yearsAs per the Index of Industrial Production (IIP), factory output contracted 4.3% in September, the lowest in almost eight years in this seri...
- ET View: September IIP - Lacklustre capital goods output keeps overall index lowAs for manufactures, which account for over 77% weight in the industrial index, production has contracted and posted minus 3.9% growth. The...
- Dismal factory output opens the door for more RBI rate cuts, say expertsIndia's industrial output contracted by 4.3% in September 2019 from a year earlier.
- Industrial output rises 0.7 per cent year-on-year in SeptemberThe improved pace of industrial activity was evident in 12 out of the 22 industry groups in the manufacturing sector in September.
- September IIP at 2% versus 0.43% in AugustGovt, analysts are seeing India's growth to return to 8%. Apart from the stellar Q2 results, other domestic data so far has also been on th...
- October IIP beats expectations at 8.2%, highest since June 2011With the September IIP contracting at 0.7%, the indicator has witnessed a huge swing. This beats poll expectations of 4.9%.
- Boost investment in infrastructureRuthlessly excise all obstacles to projects taking off, including dithering babus.
- Hopeful of turnaround in manufacturing sector beginning October: C Rangarajan, PMEACIn an interview with ET Now, C Rangarajan, Chairman, PMEAC, shares his view on September IIP numbers. Excerpts:
- September IIP contracts shockingly to -0.4% YoYThe consumer durables sector contracted at (-)1.7% versus a growth of 8.9% year-on-year. The manufacturing sector growth also fell sharply ...
- September IIP contracts sharply: High time for RBI to cut rates?Most economists and experts had been expecting a robust growth in September IIP numbers and a contraction may put pressure on the RBI.
- Reliability of IIP data a concern: Gaurav Kapur, RBSIn an interview with ET Now, Gaurav Kapur, Senior Economist, RBS, talks about the September IIP data. Excerpts:
- September IIP grew at 4% versus 2.7% in August: ET Now pollThe IIP likely grew at 3% in September versus 2.7% in the month on August, says an ET Now Poll. The consensus range of the poll is between ...
- September IIP growth slows to 2-year low at 1.9%Analysts expect industrial sector to cool further in coming months as higher borrowing rates, faltering domestic & external demand hurt pro...
- IIP nos disappointing, maybe just 6% ind growth in FY'12:PMEACPrime Minister's economic advisory panel chief C Rangarajan has described the dip in factory output in September as "disappointing".
- September industrial output growth slows sharply to 4.4%Industrial output rose 10.4 percent in the 2009/10 financial year (April-March) , faster than the 2.8 percent clocked in the previous fisca...
- IIP rebounds in SeptemberPartial rebound in index for industrial production in Sept after a dismal performance in August, could have been due to festive demand.
- IIP likely to clock 5-7% Sept growthThe industrial growth is expected to recover to 5-7% in September from the 13-year low of 1.3% it fell to in August 2008. Eminent economist...
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