Why in news India's industrial output grew by 4.8% in July , the second-slowest pace in FY25, following a 4.7% increase in June Mining...
Why in news
India's industrial output grew by 4.8% in July, the second-slowest pace in FY25, following a 4.7% increase in June
Mining and electricity growth slowed, and non-consumer durables saw a sharp 4.4% decline in output.
Manufacturing output increased to 4.6% in July from 3.2% in June.
Capital goods output surged by 12%, while intermediate goods rose by 6.8%.
Consumer durables grew by 8.2%, but non-durables fell by 4.4%.
The Index of Industrial Production (IIP) dropped to a three-month low with a 0.73% decline from June.
For the first four months of FY25, overall industrial output grew by 5.2%, slightly better than the 5.1% increase in the same period last year
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