Industrial output in the April-July period of this fiscal has thus contracted by 0.1 per cent, according to the official data released today.
Growth in factory output, as measured by the index of industrial production (IIP), was 3.7 per cent in July last year, and 6.1 per cent in the April-July period in 2011-12.
The manufacturing sector, which constitutes over 75 per cent of the index, witnessed a contraction in output by 0.2 per cent in July, as against growth of 3.1 per cent in the same month last year.
The performance of the manufacturing sector in April-July was poor as output contracted by 0.6 per cent, as against a growth of 6.5 per cent in the four-month period of last year.
The capital goods production also down by 5 per cent in July against a contraction of 13.7 per cent in the same month a year ago.
The output of capital goods contracted in April-July period by 16.8 per cent, as against a growth of 8.2 per cent in 2011-12.
Mining output in July dipped by 0.7 per cent, as against a growth of 0.7 per cent in the same month a year ago.
The sector's production in April-July quarter declined by 0.9 per cent, compared to a growth of 0.6 per cent in 2011-12.
Consumer goods production was up 0.7 per cent in July as compared to 6.4 per cent growth in the same month last year. During the April-July period of this fiscal, the growth in the segment was 3.3 per cent, compared to 4.9 per cent in the four month period a year ago. MORE
