The growth in the first two months of the fiscal was 3 percent as against 4.6 in April-May of 2014-15. According to the data released this evening, a sharp deceleration in output was witnessed in the manufacturing sector though there was some pick-up in mining activity.

Growth in power generation too saw a marginal slowdown at 6 percent from 6.7 percent in May of the last fiscal. The growth in manufacturing was 2.2 percent in May compared with 5.9 percent in the corresponding month of the last year. The mining sector expanded 2.8 percent compared with 2.5 percent in May 2014.

Manufacturing constitutes over 75 percent of the index. The numbers further showed a slowdown in user-based industries, including capital goods and consumer durables. Output in the consumer goods, consumer durables and consumer non-durables segments shrank 1.6 percent, 3.9 and 0.1 percent, respectively.

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