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India’s Industrial Output For July 2017 Rises 1.2% At 118.2

The cumulative growth for the period April-July 2017 over the corresponding period of the previous year stands at 1.7 percent

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The general Index of Industrial Production (IIP) for the month of July 2017 stands at 118.2, which is 1.2 percent higher as compared to the level in the month of July 2016.

The cumulative growth for the period April-July 2017 over the corresponding period of the previous year stands at 1.7 percent.

The quick estimates of IIP for July 2017 have been released by Central Statistics Office of the Ministry of Statistics and Programme Implementation on Tuesday (12 September).

The indices for mining, manufacturing and electricity sectors stand at 92.6, 119.5 and 151.8 respectively, with the corresponding growth rates of 4.8 percent, 0.1 percent and 6.5 percent as compared to July 2016.

The cumulative growth in these three sectors during April-July 2017 over the corresponding period of 2016 has been 2.1 percent, 1.3 percent and 5.6 percent respectively.

In terms of industries, eight out of the twenty three industry groups in the manufacturing sector have shown positive growth during the month of July 2017 as compared to the corresponding month of the previous year.

The industry group ‘manufacture of tobacco products’ has shown the highest negative growth of - 43.4 percent followed by - 11.1 percent in ‘manufacture of electrical equipment’ and - 8.8 percent in ‘printing and reproduction of recorded media’.

As per use-based classification, the growth rates in July 2017 over July 2016 are 2.3 percent in Primary goods, - 1 percent in capital goods, - 1.8 percent in intermediate goods and 3.7 percent in infrastructure/construction goods.

The consumer durables and consumer non-durables have recorded growth of - 1.3 percent and 3.4 percent respectively.