In October, the mining output climbed 11.4%, and power generation increased 3.1%. The IIP had grown by 4.5% in October 2020
Industrial production has been hit due to the Covid-19 pandemic since March last year when it had contracted 18.7%
In the April to August period this year, IIP increased by 28.6%, as against a 25% contraction in the corresponding period last year
Over 58% of the respondents said that they were expecting an increase in their outbound shipments during the second quarter.
IIP growth: Power generation rose 11.3%, and mining output also increased by 19.5% in July. In July 2020, the IIP had contracted 10.5%.
Inflation in the food basket slowed down to 3.96% in July from 5.15% in the previous month
Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7%
With more localised lockdowns and supply disruptions, next month's data will be keenly watched
Covid curfew and micro containment strategies along with Covid-appropriate behaviour are effective to contain the spread of the second wave of infecti