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March industrial production falls 0.1% due to slowdown in the manufacturing sector
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March industrial production falls 0.1% due to slowdown in the manufacturing sector
May 10, 2019 8:35 AM

Industrial output contracted 0.1 percent in March due to the slowdown in the manufacturing sector, official data showed Friday.

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Factory output as measured in terms of the Index of Industrial Production (IIP) had expanded 5.3 percent in March 2018.

During the entire 2018-19 fiscal, industrial output witnessed a 3.6 percent growth as against 4.4 percent in the previous fiscal, according to data released by the Central Statistics Office (CSO).

First Published:May 10, 2019 5:35 PM IST

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