BIZ-LD IIP (RPT) - Mining, manufacturing pull down IIP growth to 3.1 pc in May (Eds: Minor edit in intro)
Contributed by NAMPA / PTI.
New Delhi, Jul 12 (PTI) India's industrial output growth slipped to 3.1 per cent in May mainly on account of subdued performance of mining and manufacturing sectors, according to government data released Friday.
The Index of Industrial Production (IIP) had expanded by 3.8 per cent in May 2018. The index grew at 4.3 per cent in April and 0.4 per cent in March this year.
The expansion in the mining sector was merely 3.2 per cent in May, as compared to 5.8 per cent in the year-ago month.