Economy / Govt suspends release of full industrial output data for 2nd month

The government has suspended the release of headline industrial output numbers for second straight month in May due to impact of lockdown. The Ministry of Statistics said the Index of Industrial Production (IIP) stood at 88.4 in May. However, it didn't provide any comparable percentage data, saying that it may not be appropriate to compare the data with earlier months.

NDTV : Jul 11, 2020, 08:41 AM
New Delhi: The government did not release data on headline the headline factory output - measured by the Index of Industrial Production - for a second straight month due to inadequate data collection. However, the limited data released by government showed that industrial activity picked up in May from April. The Index of Industrial Production for the month of May 2020 stood at 88.4 compared to 53.6 in April 2020, indicating a graded pickup in industrial activity in the economy, the government data showed.

"The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2020 stand at 87.0, 82.4 and 149.6 respectively," the Ministry of Statistics & Programme Implementation said in a statement.

The number of units responding has improved in May 2020 as compared to the earlier months of lockdown, Ministery added.