The Index of Industrial Production (IIP) rose 7.1 percent for November
2022 which is the highest in five months. According to the Ministry of
Statistics and Programme Implementation data released today, IIP logged
positive growth after contracting by four percent in the preceding
month. IIP grew by one percent in the same period in 2021.
In November, The manufacturing sector saw a growth of 6.1 percent while
the mining sector climbed 9.7 percent. The electricity sector surged
12.7 percent.
Overall industrial production so far (from April to November) this
fiscal has been 5.5 percent whereas growth of 17.6 percent was seen in
the corresponding period of the previous year.
SOURCE ; AIR
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