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IIP – Index of industrial production is at 10.3 Percent
- Filed under: Economic Data, Infrastructure, economy growth
- Date: Dec 11,2009
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The index of industrial production for the month of October 2009 was released and its at 10.3 percent , most of the analysers are not happy with this growth because they expected more on back of good GDP Number , but still 2 didigit growth is good and we can consider worst is over.September IIP revised to 9.6 percent versus 9.1 percent and April-October industrial growth was at 7.1 percent versus 4.3 percent (YoY). The Parth which raised the IIP is the manufacturing sector which performed well and the growth came in at 11.1 percent versus (-) 0.6 percent
