Jun 2011 IIP at 8.22%

The Index of Industrial Production (IIP) data for Jun is at 8.22%, with Mining slowing down and Manufacturing picking up the slack at 10%.

(Click for larger pic)

On a use based level, there has been a ridiculous 37% growth in Capital goods, but Consumer durables and non-durables dipped.

(Click for larger picture)

While you might think that this shows RBI’s tightening is working, please note that our IIP data is totally unreliable. They will just revise this data a month later and you will have egg on the face.

But the graphs look cool. So they’re on.

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This entry was posted on Friday, August 12th, 2011 at 1:23 PM and is filed under IIP. You can subscribe to any comments to this entry via RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.