IIP Data: Industrial output rises 1.1% in March 2023 against 2.2% in year-ago month
IIP Data: According to many economists, the decline in Industrial production growth declined to 1.1 per cent in March from 5.6% in the previous month mainly on account of a 1.6% contraction in power output
![IIP Data: Industrial output rises 1.1% in March 2023 against 2.2% in year-ago month IIP Data: Industrial output rises 1.1% in March 2023 against 2.2% in year-ago month](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2023/05/12/241893-industrial-production-in-india.jpg?itok=2IlgJ851&c=58fbeb77bbca96bd01ff6854fa9dd8c3)
The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output increased 0.5 per cent in March 2023.