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Manufacturing decline drags down industrial production
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- News Source: The Economic Times | 6 months agoThe manufacturing sector in India is likely to recover in the months to come even as the country's industrial production contracted 2.3 per cent in March, Development Bank of Singapore said today. "Purchasing managers' index (PMI) for April has risen...
- News Source: Asia Times | 6 months agoChina's shares, which have led this year's global stock rally, continued their remarkable gains on Wednesday after the government announced that industrial output climbed 7.3% in April from a year earlier. Never mind that the output gain was less...
- News Source: Financial Times | 6 months agoThe growth in factory output last month was less than half the year-on-year rate in April 2008 and analysts said most of the growth was a result of the government’s wide-ranging economic stimulus measures.
- News Source: The Hindustan Times | 6 months agoThe country’s factory output contracted by 2.3 per cent in March, the sharpest fall in 16 years, raising fears of a sustained industrial slowdown. But robust growth in consumer durables production shone through like a beacon of hope in an...
- News Source: Androscoggin News | 6 months agoIndustrial production-accounting for a fifth of GDP-shrank 2.3% in March from a year earlier, the worst since the current index of industrial production (IIP) series started in 1994. This is the third contraction in four months and is steeper than...
- News Source: The Economic Times | 6 months agoIndia’s industrial production for March registered its sharpest fall in 16 years, contracting 2.3% over the corresponding month a year ago, but prospects of an upward revision kept the sentiments alive and economists predicted a recovery in the...
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