Wednesday, March 5, 2025

Daily Point 1998 - Index of Industrial Production (IIP)

 

The Banking Tutor

Daily Point 1998

Index of Industrial Production (IIP)

 

Index of Industrial Production (IIP) is one of the prime indicators of the economic development for the measurement of trend in the behaviour of the Industrial Production over a period of time, with reference to a chosen base year. It indicates the changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period.

Sekhar Pariti

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