IIP growth slows to 5.8% in September as demand drops

IIP growth slows to 5.8% in September as demand drops

NEW DELHI: Industrial output growth slowed in September after posting a 14-month high growth in the previous month as the manufacturing sector, consumer durables and non -durables remained sluggish, pointing to some slowdown in demand. Data released by the National Statistical Office (NSO) on Friday showed the index of industrial production (IIP) rose 5.8% in … Read more