Capital goods and consumer goods output fell, suggesting the economy may be slowing down sharply. Both the capital goods and consumer goods output fell, suggesting the economy may be slowing down sharply. Meanwhile, IIP growth for February 2019 has been revised downwards to 0.07 per cent from 0.1 per cent earlier. The capital goods output declined by 8.7 per cent in the month under review, against a 3.1 per cent contraction in March 2018. But some economists believe that a fresh economic stimulus provided by the new government could propel the Indian economy out of the rut.

Source: The Telegraph May 11, 2019 01:18 UTC