India’s Index of Industrial Production (IIP) rose 1.5% year-on-year in June 2025, marginally higher than the 1.2% expansion seen in May, according to data released by the Ministry of Statistics and Programme Implementation.The latest IIP print missed the 2.2% forecast projected by economists polled by Bloomberg.The IIP index stood at 153.3 in June, up from 151.0 a year ago. Among sectors, manufacturing grew 3.9%, while mining and electricity contracted by 8.7% and 2.6%, respectively.Within manufacturing, 15 of the 23 industry groups recorded positive growth. Key contributors included basic metals (up 9.6%), coke and refined petroleum products (up 4.2%), and fabricated metal products excluding machinery (up 15.2%).
The strong performance in basic metals was led by higher output of MS slabs, HR coils and sheets, and steel pipes and tubes. Petroleum products like diesel, naphtha, and petrol also supported overall factory output.
Also read: FinMin sees FY26 inflation below RBI forecast, observes soft prices may sustain rate cut cycleFrom a use-based perspective, infrastructure and construction goods led with a 7.2% rise, followed by intermediate goods (5.5%) and capital goods (3.5%).Consumer durables rose 2.9%, while primary goods and consumer non-durables contracted by 3.0% and 0.4%, respectively.The June 2025 estimates were compiled with a weighted response rate of 89.2%. May 2025 data has been finalised with a 93.6% response rate. The IIP data for July will be released on August 28.First Published: Jul 28, 2025 4:43 PM IST
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