Tagged with:
economy •
industrial growthIndia’s industrial production data came out yesterday the data was good was below the December 2009 highest but above the economist prediction of 13 %. Help from the manufacturing output, the Industrial Production increased 17.6 Percent in April 2010.
Growth of 55.6 Percent in Machinery and Equipment
Growth of 51.9 Percent in ‘Metal Products and Parts, except Machinery and Equipment’ and
Growth of 41.4 Percent in ‘Other Manufacturing Industries ‘
Negative growth of 16.6 Percent in Wood and Wood Products; Furniture and Fixtures’
Growth of 2.7 Percent in ‘Beverages, Tobacco and Related Products’.
Growth of 8.8 Percent in Basic goods,
Growth of 72.8 Percent in Capital goods and
Growth of 10.8 Percent in Intermediate goods.
Growth of 14.5 Percent in Consumer goods .
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economy •
iip •
industrial growthIIP data has come out today and surprisinglly the Industrial production is up by a massive 16.7 % in jan 2010 compared to aropund just 1 % in Jan 2009.
>Manufacturing is the main factor for the growth it has come up by 17.9 per cent during Jan 2010 compared to just 1 % in Jan 2009
Manufacturing ,
>Capital goods is up by 56.2 % against 15.9 %.
>Consumer durables segment zoomed 31.6 per cent against 2.1 per cent.
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Economic Data •
iip •
industrial output •
industrial-productionIndustrial production for April 2009 has been released and its at 1.4 percent which is good sign because it has been in declining almost 3 times in past four months.
>IIP rose 1.4% in April from a revised 0.75% decline in March 2009.
>Industrial output rose 2.4% in the 2008/09 fiscal year (April-March), down from a revised 8.5% in 2007/08.
Components of IIP
>Manufacturing output rose 0.7%
>Mining output grew 3.8%
>Electricity generation for the month jumped 7.1% YOY
>Capital goods output fell 1.3% YOY
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economy •
iip •
industrial growth •
industrial-productionCentral 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 .
Tagged with:
iip •
industrial growthMuch awaited Industrial Production data came in today for the month of october .IIP, number stands at a negative 0.4 percent , which means the growth declined by .4 percent no growth at all. It was 4.8% month-on-month compared to september 2008.It was at 12.22 percent year-on-year in october 2007. I heard that in 10 years this is first time and negative growth has happened only twice now in the indian industrial sector.
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