As per the data released by the Central Statistics Office (CSO), Industrial production grew at nine-month high of 5 percent in February on improved mining and manufacturing activity coupled with larger offtake of capital goods. The factory output, as measured by the Index of Industrial Production (IIP), had declined by 2 percent in February 2014. In the April-February period of 2014-15, IIP grew 2.8 percent as against contraction of 0.1 percent in same period of previous fiscal.
Extracted from Firstpost, Apr 10,’15
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