IIP Data September: India’s industrial output climbs 3.1% in Sep, says Govt data

The industrial growth so far in the fiscal year 2021-22 (April-September) has witnessed a rise of 7.0 per cent, compared to a 23.8 per cent rise in the corresponding period a year ago, the data showed.

The growth in IIP data during September is led by all sectors. The mining sector rose 4.6 per cent on-year to 99.5 in September, the manufacturing sector witnessed a growth of 1.8 per cent to 134.3 and the electricity sector rallied 11.6 per cent to 187.4, the MoSPI data showed.

In September last year, the manufacturing sector had witnessed a growth of 4.3 per cent. During the same month, the mining sector had risen 8.6 per cent while the electricity sector had gained 0.9 per cent, the data showed.

Now, among used based goods, the primary goods output rose 9.3 per cent in September this year, while that of capital goods jumped 10.3 per cent. Intermediate goods output rose 2.0 per cent and infrastructure/construction goods climbed 7.4 per cent, while consumer durables slipped by (-)4.5 per cent and consumer non-durables declined (-)7.1 per cent, as per the data.

The ministry will release the retail inflation data for October on Monday, November 14.