Review of Indian Economy & Markets - Week ended 12th September 2015
Weekly round up of Indian Economy - Week ended 12th September 2015 Index of Industrial Production (IIP) for the month of July was released during this week. Industrial output recorded a growth of 4.2% during the month July. This growth was possible due to the growth in outputs of Manufacturing, Capital Goods and Consumer Durables segments. Trend in IIP during from January 2015 till July is as follows Please note that IIP for June was initially estimated at around 3.8% but was revised later to 4.4%. A look at the components of IIP indicates that except for Consumer non-durables every other segment showed a good growth over same month previous year. Manufacturing sector up 4.7% in July 2015 compared to 0.3% down in July 2014 Capital good sector up 10.6% in July compared to 3% down in July 2014 Consumer durables up 11.4% in July this year compared to 20.4% down same month last year Consumer non-durables down 4.6% in July 2015 compared to 5.2% up in July 2014. It is ex...