Friday, February 10, 2012

Dec IIP growth slows down to 1.8% vs 5.9% in Nov

As indicated in the weak core sector numbers that was announced earlier IIP slows down in December. Core sectors like steel, cement, fertilisers, crude and refinery grew by only 3.1% in December compared to well over 6% in November. Core sector comprises is the major contributor to IIP with38% weightage.

Worth reading