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Industrial production sees a drop of 1.1% in August

The manufacturing sector saw a decline of 1.2 per cent in output during August 2019

By Newsd
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Industrial output saw a decline of 1.1 per cent in August according to official data released on Friday, October 11.

The manufacturing sector saw a decline of 1.2 per cent in output during August 2019 as against a growth of 5.2 per cent in August last year.

The overall IIP growth during April-August period was 2.4 per cent, a decline of 2.9 per cent (from 5.3 per cent) in the last fiscal’s corresponding period.

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