IIP Data: Industrial manufacturing grew by 22.4 per cent in March 2021
Industrial manufacturing grew by 22,4 per cent in March 2021 from a 12 months earlier, authorities knowledge confirmed on Friday. The industrial manufacturing, or the manufacturing facility output, gauged by the Index of Industrial Production (IIP), declined 3.6 per cent in February. Separate authorities knowledge confirmed that the retail inflation eased to 4.29 per cent in April 2021, due to a decline in meals costs. (Also Read: Retail Inflation Eases To 4.29% In April On Decline In Food Prices )
According to the commercial manufacturing knowledge launched by the Ministry of Statistics and Programme Implementation, the indices for the mining, manufacturing, and electrical energy sectors for March 2021 stand at 139.0, 140.4, and 180.0 respectively.
