Thursday, April 11, 2013

Economic Buzz: Indian IIP Index Slumps In Feb

The General Index for the month of February 2013 stands at 176.2 , which is 0.6 % higher as compared to the level in the month of February 2012 against 2.40% in January 2013. The cumulative growth for the period April - February 2012 - 1 3 over the corresponding period of the previous year stands at 0.9 % against 1% in April-Jan 2013.
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2013 stand at 124.0 , 190.9 and 140.5 respectively, with the corresponding growth rates of ( - ) 8.1 %, 2.2 % and ( - ) 3 . 2 % as compared to February 2013 . The growth of during the last month were(-) 2.9%, 2.7% and 6.4%. The cumulative growth in the three sectors during April - February 201 2 - 1 3 over the corresponding period of 20 11 - 1 2 has been ( - ) 2.5 %, 1.0 % and 4.0 % respectively.
Source by Commodity Insights

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