Industrial production rises 2% in January, investments still weak

The Index of Industrial Production was revised up for December to 0.07% growth, from a contraction of 0.3% in the provisional estimate

Industrial production rose 2 per cent in January after remaining almost flat in the previous month, as manufacturing recovered slightly from contraction in December. The Index of Industrial Production (IIP) for December was revised to 0.07 per cent growth, from a contraction of 0.3 per cent in the provisional estimate. If provisional data of January is compared with that of December, the recovery would seem slightly higher than seeing it relative to the revised figure. 
 
According to the data released by the Ministry of Statistics and Programme Implementation, IIP grew by just 0.5 per cent in the first 10