Índia - Produção industrial

Industrial output in India dropped 3.8 percent from a year earlier in October 2019, following a 4.3 percent contraction in the previous month and compared to market expectations of a 5 percent fall. Production declined for all sectors: manufacturing (-2.1 percent vs -4.0 percent); mining (-8.0 percent vs -8.6 percent); and electricity (-12.2 percent vs -2.6 percent).

Industrial output in India dropped 4.3 percent year-on-year in September of 2019, following an upwardly revised 1.4 percent decline in August and worse than market expectations of a 2 percent fall. Production decreased for manufacturing (-3.9 percent compared to -1.5 percent in August); mining (-8.5 percent compared to a flat reading); and electricity (-2.6 percent compared to -0.9 percent). Considering the April to September period, industrial output went up 1.3 percent.

India's industrial production fell 1.1 percent year-on-year in August 2019, following an upwardly revised 4.6 percent gain in the previous month and missing market expectations of a 1.8 percent rise. It was the sharpest decline in industrial output since February 2013, as production dropped in manufacturing (-1.2 percent compared to 4.5 percent in July) and electricity production (-0.9 percent compared to 4.8 percent). Additionally, mining output rose 0.1 percent, slowing from a 4.8 percent increase in the prior month.

India's industrial production increased 4.3 percent year-on-year in July 2019, following a downwardly revised 1.2 percent gain in the previous month and beating market consensus of a 2.3 percent rise. Output advanced further for manufacturing (4.2 percent compared to 0.2 percent in June); and mining (4.9 percent compared to 1.5 percent). On the other hand, electricity production growth slowed to 4.8 percent from 8.2 percent in June.

India's industrial production growth eased to 2 percent year-on-year in June 2019 from an upwardly revised 4.6 percent in the previous month, but above market expectations of 1.5 percent. Output rose at a slower pace for manufacturing (1.2 percent vs 4.5 percent) and mining (1.6 percent vs 2.4 percent). On the other hand, electricity production rose at a faster 8.2 percent, compared to 7.4 percent in May.

India's industrial production increased 3.1 percent from a year earlier in May 2019, easing from an upwardly revised 4.3 percent gain in the previous month and slightly below market expectations of a 3.2 percent rise. Output growth slowed in manufacturing (2.5 percent compared to 4 percent in April); and mining (3.2 percent compared to 5.1 percent). Meanwhile, electricity production accelerated to 7.4 percent from 6 percent in the prior month. Considering April to May, industrial output rose 3.7 percent, slower than 4.1 percent in the same period of the previous fiscal year.