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The IIP Patchup

The August Index of Industrial Production (IIP) number has come in double-digits at 10.4% as against 6.8% last month.

Meanwhile the IIP number for July 2009 has been revised to 7.2% as against the provisional figure of 6.8%.

IIP data in detail:

Manufacturing output at 10.2% versus 1.7% (YOY)

Mining at 12.9% versus 2.8% (YOY)

Electricity at 10.6% versus 0.8% (YOY)

April to August industrial growth at 5.8% versus 4.8% (YOY)

Basic goods at 10% versus 3.9% (YOY)

Capital goods at 8.3% versus 0.9% (YOY)

Intermediate goods at 14.2% versus -5.5% (YOY)

Consumer goods at~8.5% versus 6.4% (YOY)

Consumer durables at 22.3% versus 3.9% (YOY)

Consumer non-durables growth at 3.7% versus 7.3% (YOY)

Tags: IIP