Economy #iip#industrial production
IIP data decoded: Manufacturing, electricity lift India's industrial growth to 5.1% in May
India's Index of Industrial Production (IIP) rose 5.1% year-on-year in May 2026, driven by manufacturing and electricity output. The Ministry of Statistics also announced a methodology revision, replacing WPI with Output PPI as the deflator for the IIP series.
Jul 8, 2026 3 sources