India's Industrial Production Growth Slows to 5.8 Percent in September
TEHRAN (ANA)- India's factory activity growth determined by the Index of Industrial Production (IIP) fell to 5.8 percent in September from 10.34 percent in August, the government data showed.
"For the month of September 2023, the quick estimates of IIP with base 2011-12 stands at 141.6. The indices of industrial production for the mining, manufacturing and electricity sectors for the month of September 2023 stand at 111.5, 140.6 and 205.9 respectively," read the data issued by the Ministry of Statistics and Program Implementation.
As per use-based classification, the indices stand at 138.8 for primary goods, 111.6 for capital goods, 153.8 for intermediate goods and 168.7 for infrastructure/construction goods in September.
The indices for consumer durables and consumer non-durables stand at 125.0 and 142.6 respectively for the month of September.
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