India’s Industrial Production Index (IIP) grows 7.3% in June, reaching a 23-month high, according to NDTV. The report attributes the increase to stronger industrial activity despite global economic uncertainties. Alongside the overall expansion, the production trend varies by sector. While manufacturing and broader industrial output are reported to support the rise, mining production grows more slowly, with year-on-year growth of about 1%. The figures indicate that the June IIP performance is led more by sectors other than mining, even as mining contributes to the overall index. Overall, the data point to continued momentum in India’s industrial output during June, even amid external “jitter” in global conditions. The reporting focuses on the year-on-year IIP change, and highlights both the headline expansion rate and the comparatively modest mining growth.
India’s June IIP growth rises to 7.3%, a 23-month high
India’s Industrial Production Index (IIP) grows 7.3% in June, reaching a 23-month high, according to NDTV. The report attributes the increase to stronger industrial activity despite global economic un...
- India’s June IIP growth is 7.3% year-on-year, reported as a 23-month high.
- The increase occurs despite global economic uncertainty.
- Mining production in June grows by about 1% year-on-year.
- Sectoral growth is uneven, with mining lagging the overall IIP performance.
- The reported figures reflect year-on-year changes in industrial output.
Mining production, however, witnessed relatively modest growth of 1% year-on-year.
14 hours agoMining production, however, witnessed relatively modest growth of 1% year-on-year.
14 hours ago
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