June IIP at 7.8%

May IIP revised down to 2.2% from 2.7%

The industrial output rose by a faster-than-expected 7.8% in June 2009 as against 5.4% in June 2008 and 2.2% in May 2009, data showed today, 12 August 2009.

The core sector data has also shown an improvement and the Index of Industrial Production (IIP) output numbers reflects the rise in business activity in the past two months.

Among the components used to measure industrial production, the manufacturing output rose 7.3%, the mining sector grew 15.4% in June 2009 over June 2008.

The electricity generation for the month rose 8% and the capital goods output rose 11.8% on a year-on-year basis.

The consumer durable goods continues to be the brightest spot, with its output up 15.5% in June 2009 over June 2008.

Meanwhile, the May IIP number has been revised downward to 2.2% from 2.7%.