Industrial output expanded by 4.9% in April 2018, spurred by higher growth in manufacturing and mining sectors.
The industrial growth, measured on the Index of Industrial Production (IIP), was 3.2% in April 2017.
In March 2018, industrial production had grown at 4.4%. As per the data released by the Central Statistics Office (CSO), the manufacturing sector, which constitute more than 77% of the index, recorded a growth of 5.2% in April, up from 2.9% in the year ago month.
The mining sector too expanded by 5.1%, up from 3% in April 2017. The growth in power generation however slipped to 2.1% in April 2018, from 5.4% in the year-ago month.
