IIP at 11.7 % for November 2009

by khalid on 14/01/2010 · 0 comments

Index of industrial production (IIP) Data for November 2009 increased in its fastest pace for last two years. The industrial output grew at 11.7 % in November 2009 which is a good sign for India growth story. The Data reflecting a sharp rise in production. In last year’s recession it was 2.53 percent in the same month of November 2008.

Internals (Compared to November 2008):
Manufacturing sector growth: 12.7%
Mining sector growth: 10%
Electricity sector growth: 3.3%
Basic good growth: 6%
Capital goods growth: 12.2%
Intermediate goods growth: 19.4%
Consumer goods growth: 11.1%
Consumer durable good growth: 37.3%

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