INDUSTRIAL PRODUCTION CONTRACTED BY +3% IN FEBRUARY

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    VIKTOR DOM
    Keymaster

    IIP = INDEX OF INDUSTRIAL PRODUCTION
    Tracks manufacturing activity.
    Base year = 2011-12
    Mainly – MINING, MANUFACTURING AND ELECTRICITY
    Data released by NSO (MOSPI)
    WHATS IN DATA ?
    MANUFACTURING OIUTPUT DECLINED BY 3.7%
    MINING OUTPUT DECLINE 5.5%
    POWER GENERATION GREW 0.1%
    FOR FEBRUARY 2021

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