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Finance & Economy | News & Insights

IIP Growth Rebounded to 3.1 per cent in September 2024

Published: December 3, 2024
Author: TEXTILE VALUE CHAIN

Highlights:

  • IIP rebounded to 3.1% in September from -0.1% in August.
  • Manufacturing sector output grew by 3.9% (Vs 1.1% in August).
  • Output of consumer durable and non-durable goods increased by 6.5% and 2%, respectively.
  • Recent signs of softening urban demand require close monitoring.
  • Improvement in consumption and investment remain crucial for IIP going forward.

IIP_Report_-_September_2024

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