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Industrial output of India eases out sequentially on YoY basis on Dec,21

BNE ADMIN


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New Delhi: India's industrial output eased sequentially as well as on a year-on-year basis in December 2021, official data showed on Friday.

The Index of Industrial Production (IIP) for December 2021 rose by only 0.4 percent from a rise of 1.34 percent reported in November 2021.

Similarly, the production rate was the lowest year-on-year basis in December 2020, the IIP had risen by 2.2 percent. "For the month of December 2021, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 138," said the Ministry of Statistics and Programme Implementation.

"The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2021 stand at 120.3, 138.8 and 162.5 respectively,"

Source-IANS

BNE ADMIN