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Industrial output slows to 0.4% in Dec

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New Delhi, February 11

Industrial production rose by 0.4% in December 2021 with the manufacturing sector’s output contracting by 0.1%, according to the Index of Industrial Production (IIP) data released by the National Statistical Office on Friday.

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Industrial production has been hit due to the coronavirus pandemic since March 2020, when it had contracted by 18.7%. It shrank 57.3% in April 2020 due to the national lockdown imposed by the Centre.

However, mining output rose 2.6% and power generation climbed by 2.8%. During April-December 2021-22, IIP grew 15.2% against a contraction of 13.3% in the same period last year.

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