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August industrial production up 12%

The Index of Industrial Production (IIP), a measure of the country’s economic activity, grew by 11.9 percent in August this year as compared to the same month last year. According to the official data released here today, the IIP in August stood at 131.1. Mining, manufacturing and power sector have played a major role in this and the growth of these sectors has been 103.8, 130.2 and 188.7 respectively.

Primary goods were 127.3, capital goods 91, intermediate goods 142.7 and infrastructure construction sector goods 145.2. Consumer durables and non-durable consumer goods stood at 118.3 and 147.3 respectively.