Apr 12, 2013, 05.37 PM | Source: CNBC-TV18
The industrial output numbers for the month of February has come in better-than expected at 0.6 percent against an expectation of a contraction.
Barring consumer goods, all other constitiuents of industrial output basket have declined. Mining sector, electricity and consumer non-durables growth continue to disappoint. Manufacturing growth fell to 2.2 percent versus 4 percent year-on-year. However, in the April-February period, industrial production grew at an annual rate of 0.9 percent.
Sector-wise growth internals:
December IIP reported at -1.3%, Jan CPI rises to 5.69%
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