SME Times News Bureau | 12 Feb, 2019
Industrial production growth for the month of December
plunged to 2.4 per cent from a rise of 7.3 per cent reported for the
corresponding month of 2017, official data showed on Tuesday.
Data released by the Central Statistics Office (CSO) showed
that growth rate of factory production decelerated in December 2018 to 2.4 per
However, on a month-on-month basis, the Index of Industrial Production (IIP)
has increased during the month under review from November 2018 when it stood at
0.32 per cent.
"The cumulative growth for the period April-December 2018 over the
corresponding period of the previous year stands at 4.6 per cent," the CSO