New Delhi: The Index of Industrial Production (IIP) development price for the month of November 2024 is 5.2 percent (a multi-month high), which was 3.5 percent the month prior, fast price quotes launched by the Ministry of Statistics and Programme Implementation revealed Friday.
The development prices of the 3 markets, Mining, Manufacturing and Electricity in November 2024 were 1.9 percent, 5.8 percent and 4.4 percent, specifically. The Quick Estimates of IIP stands at 148.4 versus 141.1 in November 2023. The Indices of Industrial Production for the Mining, Manufacturing and Electricity markets in November 2024 stood at 133.8, 147.4 and 184.1, specifically.
The fast price quotes of IIP are launched on 12th of monthly (or previous functioning day if 12th is a vacation) with a 6 weeks lag and put together with information obtained from resource firms, which subsequently obtain the information from the creating manufacturing facilities/ facilities. Friday’s fast price quotes will certainly undertake alteration in succeeding launches according to the alteration plan of IIP.
