Industrial output slips 0.4% in September

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Agencies: Mumbai, Nov 12 2012, 11:26 IST
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in April-September was flat as compared to a contraction of 1.6 per cent in a year ago.

Consumer goods production was down by 0.3 per cent in September as compared to a growth of 5.7 per cent in same month last year. In April-September period of this fiscal, the growth in the segment was 2.5 per cent, compared to 4.7 per cent in the first half of last fiscal.

In all, 12 of the 22 industry groups in the manufacturing sector showed growth in August.

Consumer durables production declined by 1.7 per cent in September, compared to growth of 8.9 per cent in the same month last year.

The output of these goods registered a growth of 3.8 per cent during April-September, as against 5.3 per cent in the same period last fiscal.

The consumer non-durables output growth was 1.1 per cent in September, as against 2.7 per cent in the same month last year. This segment grew by 1.4 per cent in first half of this fiscal, as against 4 per cent in the same period of 2011-12.

The basic goods production growth slowed to 3.5 per cent in September, as against 5.3 per cent the year-ago period.

During the April-September period, this segment recorded a growth of 2.9 per cent, compared to 7.3 per cent in the first half of last fiscal.

Power generation growth rate slowed to 3.9 per cent in September, compared to 9 per cent in the same month a year ago.

... contd.

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