November 2017 IIP growth stood at 8.4% yoy

The IIP growth in November 2017 jumped to 8.4% yoy against 2.2% in October 2017. According to Bloomberg analysts' estimate, IIP was expected at 4% in November 2017.

Jan 12, 2018 01:01 IST India Infoline News Service

The IIP growth in November 2017 jumped to 8.4% yoy against 2.2% in October 2017. According to Bloomberg analysts' estimate, IIP was expected at 4% in November 2017. The cumulative IIP growth for the period April-November 2017 over the corresponding period of the previous year stood at 3.2%.

2016-17 (yoy) 2017-18 (yoy)
November April - November November April - November
Mining 8.1% 3.5% 1.1% 3.0%
Manufacturing 4.0% 5.7% 10.2% 3.1%
Electricity 9.5% 6.3% 3.9% 5.2%
General 5.1% 5.5% 8.4% 3.2%
Source: Min of Statistics & Programme Implementation

The IIP growth in Manufacturing sector stood at 10.2% yoy followed by 3.9% yoy IIP growth in the electricity sector and 1.1% IIP yoy growth in Mining in November 2017. The cumulative growth in these three sectors during April-November 2017 over the corresponding period of the last year stood at 3.0%, 3.1% and 5.2% respectively.

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