FY26 began on a worrying note for Indian industry, with IIP growth sharply slowing as consumer goods production continues to contract
India's industrial production registered a modest 2.7 percent year-on-year growth in April 2025, marking a weak start to FY26 despite outperforming expectations, given the core sector's dismal 0.5 percent expansion. The sluggish performance reflects deeper structural challenges in the manufacturing sector, particularly in consumer goods production
India’s core industrial sector has stumbled out of the gate in FY26. A sharp drop in growth in April raises fresh questions about the strength of the recovery — and one heavyweight sector may be to blame
The slower pace of growth in core industries doesn't bode well for the economy, which recently witnessed a slowdown to a seven-quarter low GDP of 5.4%, prompting RBI to lower its full-year GDP forecast.
High prices, volatility in forex markets dim hopes of a rate cut in December RBI monetary policy meeting
Core industries growth, which accounts for 40 percent weight in the index of industrial production index, had eased to a 20-month low of 4 percent in June
Manufacturing growth has had a CAGR of just 2.67 percent in the six years to April 2024 and of 23 major industry groups, 10 have had a negative CAGR
The eight core industries – coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity – make up around 40 percent of the IIP
The reading released by the National Bureau of Statistics (NBS) was significantly above expectations for a 5.0% increase in a Reuters poll of analysts.
Production decreased by 3.4% on the previous month following a slightly revised increase of 2.1% in February, the federal statistical office said on Monday. In a Reuters poll, analysts had pointed to a 1.3% fall.
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In May, eight core sectors grew by 19.3 percent.
Although the year-on-year data indicate a slowdown in industrial growth in October 2021, the month-on-month numbers show a substantial jump
China’s industrial output grew 3.5% in October from the same period a year ago, official data showed on Monday, accelerating from a 3.1% increase in September. Retail sales growth also picked up.
In this episode of Big Story, Moneycontrol's Sakshi Batra decodes what led to the sharp uptick in the industrial output.
Industrial production rose 6.2% year-on-year in November, data from the National Bureau of Statistics showed on Monday, beating the median forecast of 5.0% growth in a Reuters poll and quickening from 4.7% in October. It was also the fastest year-on-year growth in five months.
Did fragrances really contribute 2.5 percentage points to IIP growth in October?
India’s retail inflation for May inched up to 3.05 percent—7-month high—from 2.92 percent in April
Factory output measured by the index of industrial production (IIP) is the closest approximation for measuring economic activity in the country’s business landscape.
The readings follow disappointing export figures released last week, a one-two punch for the Asian giant, as an official pointed to weak overseas demand and warned the domestic economy still faces "many hidden concerns".
Factory output measured by the index of industrial production (IIP) is the closest approximation for measuring economic activity in the country’s business landscape.
Industrial output, investment, retail sales and trade all grew less than expected last month, after the world's second-largest economy put in a surprisingly strong showing in the first half, adding fuel to a global recovery.
Industrial output rose 1.6 percent in June from the previous month, just below the median estimate for a 1.7 percent increase and following a 3.6 percent decline in May.
The manufacturing sector, which accounts for more than 75 percent of the index of industrial production (IIP), degrew -2 percent in February compared to 2.3 percent in January and 0.7 percent in February last year.
In its first bi-monthly monetary policy of 2017-18, it said several indicators are pointing to a modest improvement in the macroeconomic outlook. These include record production of foodgrains and pulses and recovery in industrial output on the back of turnaround in the manufacturing sector.