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Just In: December IIP stood at -0.4% against 5.7% in November

10 Feb 2017 Evaluate

In a big disappointment, India’s annual industrial output growth, measured by index of industrial production (IIP) came at -0.4% in December compared to 5.7% in previous month. As per the street expectation it was likely to come at 0.2%. The cumulative growth for the period April-December 2016 over the corresponding period of the previous year stood at 0.3 percent.