India's industrial output eased in July with slower rise of 6.6 pct

New Delhi, Sep 12 (IANS) India's industrial output eased in July with a slower rise of 6.6 percent as compared to 6.87 percent in June, official data showed on Wednesday.

As per the data released by the Central Statistics Office (CSO), the Index of Industrial Production (IIP) in July was higher on the year-on-year (YoY) basis.

"The cumulative growth for the period April-July 2018 over the corresponding period of the previous year stands at 5.4 percent," the Quick Estimates of IIP for the month of July 2018.

On the YoY basis, factory output's growth was expanded by 7 percent while the mining sector's production rose by 3.7 percent and the sub-index of electricity generation increased by 6.7 percent.

Among the six use-based classification groups, the output of primary goods which has the highest weight of 34.04 grew by 6.9 percent. The output of intermediate goods, which has the second highest weight, rose by 1.2 percent.

Similarly, consumer non-durables output rose during the month by 5.6 percent and that of consumer durables by 14.4 percent.

In addition, infrastructure or construction goods output increased by 8.4 percent and capital goods by 3.0 percent.