The Index of Industrial Production (IIP) has fallen to a five month low of 2.1 percent as against 5 per cent registered in February.
What is IIP?
The index of industrial production (IIP) data, gauges the economic activities of the country. The fall in this index shows that demand has slackened, mainly due to falling consumption demand and moderation in electricity generation.
another reason could be absence of fresh investments.
The index of industrial production (IIP) data, gauges the economic activities of the country. The fall in this index shows that demand has slackened, mainly due to falling consumption demand and moderation in electricity generation.
another reason could be absence of fresh investments.
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