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Home > News > Industrial output hits 20-mth low in Dec: plunges to 1.6% as manufacturing slows > Industrial output hits 20-mth low in Dec: plunges to 1.6% as manufacturing slows

Industrial output hits 20-mth low in Dec: plunges to 1.6% as manufacturing slows [1]

New Delhi: India’s industrial production fell to a 20-month low of 1.6% in December, dragged down by sluggish manufacturing but economists said it was not yet time to press the panic button. Economists attributed the decline to the statistical base effect as industrial output had risen 18% in the same yearago period and it is difficult to maintain momentum on such a high base.

Publication Date: 
12/02/2011
Times Of India (New Delhi) [2]
Tags:
Industry [3], Economy [4], Development [5], India [6], Statistics [7], Planning [8]
Centre for Science and Environment
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[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/times-india-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/development
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/statistics
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/planning