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IIP shows no signs of recovery, contracts 0.6% in December

Last Updated: Wednesday, February 12, 2014, 18:15

Showing no signs of recovery, industrial production growth rate remained negative for the third month in a row, contracting 0.6 percent in December 2013, mainly due to sluggishness in manufacturing sector.

Industrial output dips 0.6% in Dec; dampens recovery process

Last Updated: Tuesday, February 12, 2013, 11:29

The industrial output, as measured by the Index of Industrial Production (IIP) had grown by 2.7 percent in December, 2011.