New Delhi: Industrial output for the month of September saw a 4.5 per cent rise as compared to the last year’s output, the Centre said on Monday.
The Index of Industrial Production (IIP) for September stood at 128.6, which is 4.5 per cent higher as compared to the level in the month of September last year, with cumulative growth for the period April-September 2018 over the corresponding period of the previous year at 5.1 per cent, as per the data released by the Ministry of Statistics and Programme Implementation.
For the mining, manufacturing and electricity sectors, IIP for the month of September 2018 stood at 94.6, 131.4 and 162.9, respectively, with the corresponding growth rates of 0.2 per cent, 4.6 per cent and 8.2 per cent, respectively in September 2017.
In terms of industries, 17 out of the 23 industry groups in the manufacturing sector have shown positive growth during September as compared to the corresponding month of the previous year.
Among the sub-categories, the industry group ‘manufacture of furniture’ has shown the highest positive growth of 32.8 per cent, followed by 20.9 per cent in ‘manufacture of wearing apparel’ and 20.6 per cent in ‘manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.’
On the other hand, the industry group ‘printing and reproduction of recorded media’ has shown the highest negative growth of (-) 12.9 per cent followed by (-) 10.7 per cent in ‘other manufacturing’ and (-) 7.3 per cent in ‘manufacture of tobacco products’.
As per the use-based classification, data suggests that growth rates in September 2018 over September 2017 are 2.6 per cent in primary goods, 5.8 per cent in capital goods, 1.4 per cent in intermediate goods and 9.5 per cent in infrastructure or construction goods.
Consumer durables and consumer non-durables have recorded growth rates of 5.2 per cent and 6.1 per cent, respectively during the period under review.
[source_without_link]ANI[/source_without_link]