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The industrial production in the country grew by 1 per cent in December 2020, after registering a contraction of 1.9 per cent in November 2020, government data┬аshowed on Friday, February 12. According to the Index of Industrial Production (IIP) data released by the Ministry of Statistics and┬аProgramme Implementation, the manufacturing sector output grew by 1.6 per cent in December 2020. The mining output declined by 4.8 per cent, while power generation grew 5.1 per cent during the month. The IIP┬аhad grown by 0.4 per cent in December 2019. Industrial┬аproduction has been hit due to the COVID-19 pandemic since March last year when IIP contracted by 18.7 per cent during┬аthe month. (Also Read:┬аIndustrial Production Contracts 1.9% In November 2020┬а)
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