Textile Industry
IIP Growth Slowed to 5.8 % in September
Published on
Author: DISHA PRAFUL SUKHANI
Highlights:
- IIP growth slowed to 5.8% in September from 10.3% in August.
- Manufacturing and electricity sectors recorded a sharp sequential deceleration.
- Consumer goods output decelerated sharply, with consumer durables rising by just 1%.
- Infrastructure/construction goods continued to record an encouraging performance.
- Going ahead, a broad-based and durable improvement in consumption holds the key to recovery.