Factory output measured in terms of the Index of Industrial Production (IIP) had contracted 2 percent in June last year, as per the data released by the Central Statistical Organization. (Agencies)
Meanwhile, factory output for May was revised downwards to a decline of 2.82 percent from a provisional 1.6 percent dip in production.
During April-June this year, factory output contracted 1.1 percent, down from a decline of 0.2 percent in the same period last fiscal.
The manufacturing sector, which constitutes over 75 percent of the index, contracted 2.2 percent in June compared with a 3.2 percent drop a year earlier. During April-June, the sector saw a decline of 1.2 percent compared with a contraction of 0.8 percent in the period last year.
Mining output declined 4.1 percent in June, compared with a dip of 1.1 percent. In April-June, the sector declined 4.5 percent compared with a contraction of 1.6 percent.
Power generation was flat in June compared with a growth of 8.8 percent in same month in 2012. Power generation in the first quarter grew 3.5 percent compared with an expansion of 6.4 percent.
Output of capital goods contracted 6.6 percent during the month compared with a decline of 27.7 percent a year earlier. During April-June, capital goods production dipped 3.3 percent compared with a production drop of 20.1 percent in same period last year.
Among the 22 industry groups in the manufacturing sector, 13 recorded negative growth in June.
Factory output measured in terms of the Index of Industrial Production (IIP) had contracted 2 percent in June last year, as per the data released by the Central Statistical Organization.