IIP contraction narrows to 10.4% in July
20-Apr-2022The Index of Industrial Production (IIP) contracted by 10.4% in July as compared to a contraction of 16.6% in June, Sector wise trend showed that mining output fell 13% compared to a contraction of 19.6% in June. Manufacturing output fell 11.1% from a contraction of 16% the previous month. Electricity generation fell 2.5% after a contraction of 10% in June.