Industrial production growth slips to 4.3% in Dec from 7.3% in Nov

Mining output rose by 9.8 per cent and power generation increased by 10.4 per cent during the month under review

India's industrial production growth slipped to 4.3 per cent in December from 7.3 per cent in November 2022, mainly due to subdued performance of the manufacturing sector, according to official data released on Friday.

However, there was improvement on an annual basis as the factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1 per cent in December 2021.

As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew by 2.6 per cent in December 2022 from 0.6 per cent a year ago. The growth stood at 6.4 per