The industrial output of the country in February 2023 rose 5.6 percent, on a year-on-year basis. As per the data from the Ministry of Statistics released today, the index of industrial production (IIP) expanded as the manufacturing sector’s output increased by 5.3 percent in February, and Mining output rose by 4.6 percent. Power generation surged 8.2 percent during the month under review.
For the month of January this year, IIP growth was revised to 5.5 percent from 5.2 percent.
IIP grew 1.2 percent in February last year.
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