Growth in India’s industrial production came in at 4% in August, compared with an upwardly revised 4.3% in July, thanks to a rebound in mining and improvement in the electricity sector . However, the crucial manufacturing sector saw a sequential slowdown to 3.8% in August from 6% in July.

The IIP growth in August came on a flat base – industrial output growth was 0.0% in August last year.

The sharp revision in July from 3.5% reported earlier was due to the adjustment in manufacturing sector growth to 6% from 5.4% reported earlier.

The mining sector growth in August came at 6%, sharply up from the decline of 7.2% in July. In August of last year the mining sector had contracted 4.3%. As mining just has a weight of 14.3% in the Index of Industrial Production (IIP) it could not comp

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