India's basic metal output rises by 14.4 percent in April-August

Monday, 14 October 2019 14:37:03 (GMT+3)   |   Istanbul
       

In August this year, India's general index of industrial production estimates decreased by 1.1 percent year on year, according to India’s Ministry of Statistics and Programme Implementation.

In the given month, the estimated production index for India's manufacturing sector fell by 1.2 percent compared to the same month of the previous year. The industrial output index in India's basic metal sector in August this year was up by 11.8 percent, while the output index for fabricated metal products, except machinery and equipment, decreased by 17.3 percent, both on year-on-year basis.

Meanwhile, in August the output of the industry segment of motor vehicles, trailers and semi-trailers declined by 23.1 percent year on year.

In the April-August period, the country’s general index of industrial production estimates increased by 2.4 percent, while the estimated production index for the manufacturing sector grew by 2.1 percent, both year on year.

In the given period, the industrial output index in India's basic metal sector rose by 14.4 percent, while the output index for fabricated metal products, except machinery and equipment, decreased by 11.3 percent, and the output of the industry segment of motor vehicles, trailers and semi-trailers declined by 12.4 percent, all on a year-on-year basis.


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