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Base year of IIP News
Base year of IIP
Index of Industrial Production grows to 1.2% in July
Tue, Sep 12, 2017
Nirmal Bang estimated IIP to be at 0.7% YoY for July 2017, up from -0.1% YoY in the previous month as it sees the sluggishness in industry on account of implementation of GST to continue in 2QFY18.
Index of Industrial Production eases at 1.7% in May
Wed, Jul 12, 2017
From the past two months, the Central Statistics Office (CSO) has been calculating IIP data in the new base year of 2011-12 from previous 2004-05 year.
New base year effect: IIP rises by 3.1% in April
Mon, Jun 12, 2017
Under the new base year (2011-12), IIP for the month of April 2017 stood at 3.1% on year-on-year basis. IIP was at 2.7% in the month of March 2017 as against a drop of 1.2% in February 2017.