Industrial output declines by 1.1% in August

Industrial output declined by 1.1 per cent in August due to poor performance by manufacturing, power generation and mining sectors. The Index of Industrial Production (IIP) had expanded by 4.8 per cent in August



2018. 

The overall IIP growth during April-August period was 2.4 per cent, down from 5.3 per cent in the corresponding period of the last fiscal.