India Industry June 2018

India: Industrial production growth accelerates to a four-month high in June

Annual industrial production growth accelerated to 7.0% in June from May’s revised 3.9% (previously reported: +3.2% year-on-year), overshooting market analysts’ expectations of 5.5% and representing a four-month high.

The strong reading in June was broad-based across industrial sectors but was notably supported by a large expansion in the manufacturing sector. The reading in June also benefitted from a low base effect.

On a use-based classification, industrial production in June was boosted by strong output expansions of consumer durable, primary, capital and infrastructure goods. Dragging on overall growth were weak readings for intermediate and consumer non-durable goods.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest