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IIP dips 1.2% in Feb as manufacturing declines

<p>Industrial output slipped to a 4-month low, contracting 1.2 per cent in February, mainly on account on decline in the manufacturing sector and lower offtake of capital as well as consumer goods</p>

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The decline in Index of Industrial Production in February is mainly on account of 2% contraction in manufacturing sector. File picture
The decline in Index of Industrial Production in February is mainly on account of 2% contraction in manufacturing sector. File picture

New Delhi: Industrial output slipped to a 4-month low, contracting 1.2 per cent in February, mainly on account on decline in the manufacturing sector and lower offtake of capital as well as consumer goods.

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