IIP index growth slows: India’s Industrial output expands just 1.2% in May, lowest in 9 months – Times of India
India’s industrial output growth fell to a nine-month low of 1.2% in May 2025, dragged down by weak performance in the manufacturing, mining, and electricity sectors, data released by the National Statistical Office (NSO) on Monday showed.The factory output, measured by the Index of Industrial Production (IIP), had grown 6.3% in May 2024, while the…