IIP figures show robust growth across sectors in April

April Index of Industrial Production stood at 3.4%, much better than the -0.5% in March. Electricity sector growth stood at 11.9%, Industrial production grew at 3.4%, mining sector grew at 1.2%. The May Consumer Price Index eased marginally to 8.28% from April’s 8.59%. Consumer durables production and out put reduced in comparison.

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