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India's manufacturing sector output surges to 5% vs 3% YoY

Updated: Jun 12, 2015 05:53:27pm
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New Delhi, June 12 (KNN) The Industrial output for the country rose to 4.1 percent in April, while May consumer inflation came in in line with expectations at 5.01 percent.
 
The index of industrial production (IIP) data compares to a reading of 2.1 percent month-on-month, while consumer price index (CPI) rose to 5.0 per cent in May versus 4.87 per cent in April. 

The cumulative growth for the period April-March 2014-15 over the corresponding period of the previous year stands at 2.8 per cent, Ministry of Statistics & Programme Implementation said in a release.

The Manufacturing sector output rose 5.1 per cent versus 3 per cent YoY. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2015 stand at 123.3, 190.6 and 177.2 respectively, with the corresponding growth rates of 0.6 per cent, 5.1 per cent and (-) 0.5 per cent as compared to April 2014. 

The cumulative growth in the three sectors during April-March 2014-15 over the corresponding period of 2013-14 has been 1.4 per cent, 2.3 per cent and 8.4 per cent respectively.  (KNN Bureau)
 

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