For the April-December period, it grew by 5.4 per cent.
“For the month of December 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 144.7. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2022 stand at 132.2, 143.5 and 179.4 respectively,” stated the release.
As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector’s output grew by 2.6 per cent in December.
The mining output rose by 9.8 per cent and power generation increased by 10.4 per cent during the month under review.
The primary and capital goods segments grew by 8.3 per cent and 7.6 per cent respectively in December. Meanwhile, intermediate goods contracted by 0.3 per cent.
Consumer durables segment recorded a 10.4 per cent contraction. Meanwhile, non-durables grew by 7.2 per cent.The Quick Estimates of Index of Industrial Production (IIP) are usually released on 12th of every month with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/establishments.