Daily Point 1998 - Index of Industrial Production (IIP)
The Banking Tutor
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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