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SEASONAL ADJUSTMENT IIP
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...- India proposes broad revamp of industrial output index ahead of new seriesIndia's statistics ministry is set to unveil a new way to measure industrial output next week. Key changes include expanding the sectors tr...
- Government plans seasonally adjusted IIP for clearer dataCurrently, India does not publish official seasonally adjusted IIP data. Adopting such a measure would bring India in line with global best...
- Core sector growth slows to 20-month low of 0.1% in OctIndia Ratings expects IIP growth to be under 3% in October. The IIP numbers for October will be released on December 12. The spell of unsea...
- If India grows@6.5% for next 5-6 years, that would be a satisfactory achievement: SK Ghosh, SBI“In the Indian context., this year we have had varied perceptions about the growth rate but as of now, even if we reach a growth rate of 7%...
- RBI may cut repo rate by 25 basis points in February: HSBC reportThe November Index of Industrial Production (IIP) rose to 13-month high of 5.7 per cent compared to the contraction of 1.9 per cent in Octo...
- Planning Commission seeks overhaul of IIP data to correct inaccuraciesPlanning Commission has pitched for a complete revamp of the index to correct inaccuracies and suggested guidelines to improve data collect...
- April IIP dips to 2%, May CPI at 9.31%: Experts viewThe IIP for the month of April grew at 2% versus 2.5% in March. This is much below the ET Now poll estimate of 2.6%.
- Expect to see 2.5-3% growth in IIP in FY14: Saugata Bhattacharya, Axis Bank"The March numbers are best to be treated in isolation because there are various ups and downs. "
- IIP number is more than what we expected: Shubhada Rao, Yes BankWe are yet to come out of the woods as far as the soft patch of growth is concerned, says Shubhada Rao, Chief Economist, Yes Bank.
- IIP growth bounces back in October; shows signs of upswingA key factor affecting the IIP for October is the seasonality element. The Diwali festivals this year fell in November as opposed to Octobe...
- Manufacturing PMI slumps to 8-month low of 52.9 in JulyThe seasonally-adjusted HSBC India Manufacturing PMI fell to 52.9 from 55 in June-its biggest monthly drop since September.
- Coal powers core growth to 6.8 per cent in FebruaryOutput at India's core industries bounced back to touch a seven-month high in February on strong growth in coal, electricity and cement pro...
- Panel to look into rising volatility and divergence between IIP, HSBC's PMIThe need for a re-look into the index has risen less than a year after the government upgraded the index with a new product basket.
- Manufacturing PMI slips marginally to 56.6 in FebruaryThe seasonally adjusted HSBC PMI posted a reading of 56.6 in Feb, fractionally lower from January's 57.5, highest of past 8 mths.
- Recovery on10.3% rise in the IIP in Oct, would suggest, at first sight, strong recovery.
- Inventory pile-up may have done it for IIPThe growth in industrial production or factory output of 10.4% in August 2009, the best in 22 months had economists and analysts scrambling...
- Industry poised to make a comebackInflation fell, but so did industrial output, according to the economic data reported on Thursday. However, trends in industrial output, le...
- Industrial output falls, inflation cools: ReportInflation fell, but so did industrial output, according to the economic data reported on Thursday. However, trends in industrial output cha...
- ET poll sees IIP to rebound in NovIndustrial activity in the country, as measured by the Index of Industrial Production (IIP), is expected to rebound into positive territory...
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