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  title  Market News Updates
IIP slips to 0.30% in December 2019.Posted on: 13/02/2020 11:05 am
IIP contracted by 0.30% in December 2019 vis-à-vis a growth of 1.80% in November. It suggested further worsening of the slowdown in economy. This low was primarily due to fall in electricity and manufacturing sectors, while mining showed a robust growth. By use-based classification, both consumer and non-consumer durables fell on industrial production growth, also investment demand continued to shrank for 12th-month in a row.