Industrial output slips to 4-month low

Thu 13 Apr 2017, 10:36:24
The country's industrial output slipped to a 4-month low, as it contracted 1(point)2 per cent in February this year. 

Industrial output fell mainly on account of a decline in the manufacturing sector, and lower offtake of capital and consumer goods. The Index of Industrial Production, IIP, had

grown 1.99 per cent in February last year. 

Data from the Central Statistics Office showed that the manufacturing sector output contracted 2 per cent in February. Capital goods output declined 3.4 per cent, and overall consumer goods production shrank 5.6 per cent during the month.

No Comments For This Post, Be first to write a Comment.
Leave a Comment
Enter the code shown:

Can't read the image? click here to refresh

Todays Epaper

neerus indian ethnic wear
Latest Urdu News

Do you think Rishi Sunak can win the race to be the next UK prime minister?

Can't Say