Economic sector Current Affairs, GK & News

Industrial production output shrink by 4.3% in September

The latest index of industrial production (IIP) estimates from the NSO show that output shrank by 4.3% in September. All three component sectors in the index – manufacturing, mining and electricity shows contractions.  Also, five of the six categories on the IIP’s use-based classification of goods registered declines, with only intermediate goods bucking the trend. ..