The Index of Industrial Production ( IIP) for the month of November 2011 grew by 5.9% YoY, higher than the Bloomberg consensus estimate of 2.1%.
From a sectoral perspective, manufacturing output grew by 6.6% YoY vs 6% decline in the previous month, mining output decreased by 4.4% vs a decline of 7.2% in the previous month, and electricity output increased by 14.6% vs 5.6% in the previous month.
From a use-based perspective, capital goods declined by 4.6% yoy vs 25.5%, decline in the previous month, consumer goods grew by 13.1% yoy vs 0.8% decline in the previous month, consumer durable goods grew by 11.2% yoy vs 0.3% decline in the previous month and consumer non durables grew by 14.8% vs a decline of 1.3% in the previous year.
April- November IIP has come in at 3.8% vs 8.4% in the previous year.
IIP for October 2011 has been revised to -4.7% from -5.1% previously.....more info
From a sectoral perspective, manufacturing output grew by 6.6% YoY vs 6% decline in the previous month, mining output decreased by 4.4% vs a decline of 7.2% in the previous month, and electricity output increased by 14.6% vs 5.6% in the previous month.
From a use-based perspective, capital goods declined by 4.6% yoy vs 25.5%, decline in the previous month, consumer goods grew by 13.1% yoy vs 0.8% decline in the previous month, consumer durable goods grew by 11.2% yoy vs 0.3% decline in the previous month and consumer non durables grew by 14.8% vs a decline of 1.3% in the previous year.
April- November IIP has come in at 3.8% vs 8.4% in the previous year.
IIP for October 2011 has been revised to -4.7% from -5.1% previously.....more info