Industrial production shrinks 0.3 pc in Dec
Feb 12, 2020, 17:46 IST
New Delhi, Feb 12 () The country's industrial output contracted by 0.3 per cent in December, weighed by a decline in the manufacturing sector, government data showed on Wednesday.
The Index of Industrial Production (IIP) had grown by 2.5 per cent in December 2018.
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According to the National Statistical Office (NSO) data, manufacturing sector output declined by 1.2 per cent compared to growth of 2.9 per cent in the same month a year ago.
Electricity generation also dipped 0.1 per cent as against a growth of 4.5 per cent in December 2018.
Mining sector output grew by 5.4 per cent, compared to a contraction of 1 per cent earlier.
The IIP growth during April-December period of the current fiscal decelerated to 0.5 per cent from 4.7 per cent expansion in the same period of 2018-19. KKS CS ABM(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)