Industry Growth Current Affairs, GK & News

Index of Industrial Production (IIP): Industry growth slips to 7-month low of 3.2% in May 2018

According to the data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) has slipped to seven-month low of 3.2% in May 2018. It was mainly due to sluggish performance of manufacturing and power sectors coupled with poor offtake of fast moving consumer goods (FMCG). ..