Government Releases Factory Output Data For June 2021, IIP At 13.6%

INSUBCONTINENT EXCLUSIVE:
last year
manufacturing activity
the Ministry of Statistics and Programme ImplementationThe manufacturing sector, which comprises 77.63 per cent of the index of industrial
production, grew 13 per cent in June 2021, compared to a de-growth of 17 per cent in the year-ago period
The output of consumer non-durable goods production fell by 4.5 per cent in June 2021, compared to a growth of 6.9 per cent in the year-ago
that are included in the industrial output or the IIP
account of ease in lockdowns, favorable base
With adequate system wide liquidity and low interest costs, sustainable pick-up in consumer demand will be awaited as a key catalyst for
cent YoY reflected an even better performance than the core sector which had reported an 8.9 per cent YoY growth and indicates that the key
industrial sectors are witnessing a gradual output recovery after the taper down of the second wave of Covid