{"id":27975,"date":"2018-10-23T17:24:22","date_gmt":"2018-10-23T11:54:22","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=27975"},"modified":"2018-10-23T17:24:22","modified_gmt":"2018-10-23T11:54:22","slug":"iip-surges-to-five-month-high-of-7","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/iip-surges-to-five-month-high-of-7\/","title":{"rendered":"IIP surges to five-month high of 7%"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/business\/Industry\/iip-surges-to-five-month-high-of-7\/article24659424.ece\">IIP surges to five-month high of 7%<\/a><\/p>\n<p><strong>News<\/strong><\/p>\n<ol>\n<li>The Index of Industrial Production registered a growth rate of 7% in June, rising from 3.93% in May.<\/li>\n<\/ol>\n<p><strong>Important Facts<\/strong><\/p>\n<p>2. Main driver of growth<\/p>\n<ul>\n<li>Manufacturing sector grew 6.9% in June from 3.66% in May<\/li>\n<li>The primary goods grew 9.28% in June, up from 5.74% in May.<\/li>\n<li>Capital goods grew 9.62% in June up from 6.92% in May<\/li>\n<li>The infrastructure sector grew 8.53% in June, up from 7.42% in May<\/li>\n<li>Consumer goods grew 5.92% in June from 1.57% in May<\/li>\n<li>consumer durables grew 13.1% in June, up from 6.39% in May.<\/li>\n<li>However, Consumer non-durablesgrew only 0.47% in June, although this reversed the contraction of 2.06% witnessed in May<\/li>\n<\/ul>\n<p>3. The strong recovery in manufacturing and consumer durables will boost infrastructure and construction sector<\/p>\n<p>4. This could be the reflection of the positive investment trend, in sectors such as roads, railways and affordable housing despite of low base of last year<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IIP surges to five-month high of 7% News The Index of Industrial Production registered a growth rate of 7% in June, rising from 3.93% in May. Important Facts 2. Main driver of growth Manufacturing sector grew 6.9% in June from 3.66% in May The primary goods grew 9.28% in June, up from 5.74% in May.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/iip-surges-to-five-month-high-of-7\/\">Continue reading <span class=\"screen-reader-text\">IIP surges to five-month high of 7%<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-27975","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704762148},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=27975"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27975\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=27975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=27975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=27975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}