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IIP Index - 28 days cycle
April 23 , 2025
17 hrs 0 min
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- The Ministry of Statistics & Programme Implementation (MoSPI) will release the Index of Industrial Production (IIP) within 28 days instead of 42 days.
- It measures the trends in the behaviour of Industrial Production over a period of time with reference to a chosen base year.
- It indicates the relative change of physical production in the field of industries during a specified year as compared to the previous year.
- The latest print marks a sharp decline from the IIP growth of 5.2% in January and 5.6% in February 2024.
- Manufacturing growth halved to 2.9% in February, against 5.8% in January.
- Overall, industrial activity growth of 4.1% in 2024-25 (until February) was lower than 6% in the corresponding period in 2023-24.
- Among the three major sectors, only electricity has recorded a pickup in growth, rising to 3.6% in February, from 2.4% in January.
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