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IIP growth slows to 4.9% as new data shows dip in mining activity

Industrial output, as measured by the Index of Industrial Production, grew 4.9% in April 2026, slower than 5.8% in the same period last year, according to the new IIP series released on Monday (June 1, 2026). The IIP series, which till now had 2011-12 as its base year, has now been updated to 2022-2...

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