IIP growth slows to 5.8% in September as demand drops
Friday, 10 November 2023 India's industrial output growth slowed in September, with the manufacturing sector, consumer durables, and non-durables remaining sluggish. The index of industrial production (IIP) rose 5.8% in September, slower than the previous month's 10.3%. The manufacturing sector grew 4.5% compared to a 2% expansion in the previous year. The capital goods sector slowed to 7.4% growth in September compared to 11.4% growth in the previous year. The consumer durables sector grew 1%, while the consumer non-durables rose 2.7%.
US Job Growth , Cooled in October.
In its payroll report released on Nov. 3,
the Labor Department said 150,000 jobs
were added by employers in October.
The number fell short of..
Credit: Wibbitz Top Stories Duration: 01:30Published