IIP growth slows to 4.9% as new data shows dip in mining activity
The IIP series, which till now had 2011-12 as its base year, has now been updated to 2022-23; the new basket of goods to calculate IIP consists of 1,042 products mapped to 463 item groups; within the manufacturing sector, which constitutes about 75% of the IIP basket of goods, six industries contracted
The IIP series, which till now had 2011-12 as its base year, has now been updated to 2022-23; the new basket of goods to calculate IIP consists of 1,042 products mapped to 463 item groups; within the manufacturing sector, which constitutes about 75% of the IIP basket of goods, six industries contracted
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