March Iip

IIP growth slows marginally to 4.9% in March; grows 5.8% in FY24

India's industrial production grew 4.9 per cent in March this year, according to official data released on Friday. The factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 1.9 per cent in March 2023. India's Index of Industrial Production grew by 4.9 per cent in March 2024, an official statement said. The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 5.2 per cent in March 2024 against 1.5 per cent in the year-ago month. In March this year, mining production rose 1.2 per cent, and power output increased 8.6 per cent. The IIP grew 5.8 per cent during fiscal year 2023-24 compared to a 5.2 per cent expansion in the preceding fiscal.

Retail inflation eases to 4.7% in April; March IIP falls sharply to 1.1%

The food inflation also eased to 3.84% in April

IIP shoots up on low base, retail inflation eases to a three-month low

Economists say policy rate reduction unlikely

Top headlines: Retail inflation eases in April; IIP grows in March

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April retail inflation eases to 4.29%; March IIP grows 22.4%: Govt data

Inflation in the food basket was 2.02% in April, down from 4.87% in the preceding month; industrial production shrinks 8.6% in FY21 compared to 0.8% contraction in FY20

Industrial output at 4.5% in Feb, may shrink in March over Covid-19 crisis

The rise in the Index of Industrial Production (IIP) helped pull up cumulative growth in industrial output to 0.9 per cent in the April-February period of 2019-20,

March IIP below estimates at 4.4% vs 7.1% in February

March manufacturing output at 4.4% vs 8.7% in February