IIP grows to 7-month high of 5.9% in May
The Free Press Journal|July 13, 2024
India's industrial production grew to a seven-month high of 5.9 per cent in May 2024, mainly due to good showing by power and mining sectors, according to official data released on Friday.
IIP grows to 7-month high of 5.9% in May

The factory output growth, measured in terms of the Index of Industrial Production (IIP), was 5 per cent in April, 5.4 per cent in March, 5.6 per cent in February and 4.2 per cent in January 2024.

The IIP was 4.4 per cent in December and 2.5 per cent in November 2023.

The previous high of IIP was recorded at 11.9 per cent in October 2023.

During the April-May period this fiscal, the IIP growth was 5.4 per cent against 5.1 per cent in the preceding financial year.

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