Industrial output contracts to 3-month low of 0.6% in Dec

New Delhi: Indicating persistent sluggishness in the economy, industrial output contracted to a three-month low of 0.6 per cent in December due to poor performance of manufacturing and mining sectors and decline in production of capital as well as consumer goods. The industrial output, as measured by the Index of Industrial Production (IIP) had grown […]

New Delhi: Indicating persistent sluggishness in the economy, industrial output contracted to a three-month low of 0.6 per cent in December due to poor performance of manufacturing and mining sectors and decline in production of capital as well as consumer goods.