The general index of industrial production (IIP) for the month of July eases to 6.6 percent compared to last month's 7 percent.

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The indices of industrial production for the mining, manufacturing and electricity sectors for the month of July 2018 stand at 3.7 percent, 7 percent and 6.7 respectively, with the corresponding growth rates of 6.6 percent, 6.9 percent and 8.5 percent as compared to July 2018

source: tradingeconomics.com

A poll conducted by CNBC-TV18 showed that the IIP for July 2018 is expected to be in the range of 6 percent and 7.5 percent.

Analysts on an average expect some moderation in the July industrial output data from the 5-month high level in June. The low base on account of the Goods and Services Tax (GST) implementation last year will support the numbers positively, they added.

Within the core sector, coal, refinery product, cement, steel will be the main leaders of growth, analysts said, adding that the manufacturing sector will continue to provide traction to the overall numbers.

Nikkei manufacturing PMI moderated to 52.3 in July 2018 compared to 53.1 in June.

First Published:Sept 12, 2018 5:35 PM IST