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India’s manufacturing activity slips for the first time in 22 months

India’s industrial activity, as measured by the Index of Industrial Production (IIP), contracted for the first time in 22 months in August.

he Index of Industrial Production is the only official monthly indicator which gives an idea about the level of economic activity in manufacturing in the Indian economy. (Bloomberg file photo)
Updated on Oct 12, 2024 03:38 AM IST
By, New Delhi

Is IIP a correct indicator of economic activity?

A more careful reading of IIP data, however, shows that the index might be a misleading source of reading consumer demand in the Indian economy

he Index of Industrial Production is the only official monthly indicator which gives an idea about the level of economic activity in manufacturing in the Indian economy. (Bloomberg file photo)
Published on Nov 14, 2023 12:02 PM IST
By, New Delhi

India’s K-shaped recovery crisis

IIP numbers reveal consumption demand at the bottom of the pyramid needs to pick up for economic growth to regain momentum

The Index of Industrial Production (IIP) grew at 5.8% in September(Bloomberg File Photo)
Published on Nov 13, 2023 09:14 AM IST
ByHT Editorial

Inflation rises to 4.81% but factory output surprises positively with 5.2% growth

The latest number positively surprised analysts since it turned out marginally higher than the Bloomberg forecast of 5%

HT Image
Updated on Jul 13, 2023 12:51 AM IST

Inflation eases below tolerance band of 6%

Headline inflation has once again come within the Reserve Bank of India’s tolerance band of 2-6% after two months, and is the lowest since November 2021

Representational image
Updated on Apr 13, 2023 02:20 AM IST
By, New Delhi
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