Industrial Production Declined 2 Percent in December 2008

Central Statistical Organization of India announced Industrial production for the month of December 2008 , which kind of declined in December 2008 by 2 percent , earlier it was told that November month also saw a decrease but it was restated and the November IIP stands now at 1.7 percent gain , So in 3 months or the last QTR of 2008 from October to December, it has two negative growth once in October of 2008 which is around .3 Percent decline and now in December 2008 2 percent decline .