iip data

IIP hits 7-month excessive of 5.9% in Could

by

Aided by robust present in electrical energy era and mining sector, manufacturing facility output development for Could stunned on the upside coming in at a 7-month excessive of 5.9 per cent, knowledge launched by Commerce and Business Ministry confirmed on Friday.  The general Index of Industrial Manufacturing (IIP) has been at 5 or above 5 … Read more

Manufacturing PMI drops to 58.8 in April, modest job creation

by

Because the output development slowed, manufacturing-related Buying Managers’ Index (PMI) dropped to 58.8 in April as in opposition to 59.1 in March. Nonetheless, the excellent news is that job creation was good. Additionally learn: GST assortment surges to ₹2.10 lakh crore in April, FM says all IGST dues settled “April’s manufacturing PMI recorded the second … Read more