IIP data: India's industrial output rises 5.6% in February

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Key Points

For the 11-month period from April 2022 to February 2023, industrial output registered a growth of 5.5%..

Separate data released today showed India's annual retail inflation eased to 5.66% in March from 6.44% the previous month..

India's industrial output, as measured by the index of Industrial production or IIP, in February rose 5.6% year on year, data from the Ministry of Statistics showed today..

The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output increased 5.3% in February 2023..

The second advance estimates (SAE) released by the National Statistical Office (NSO) on February 28, 2023 placed Indias real gross domestic product (GDP) growth at 7.0 per cent in 2022-23..

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