Industrial output growth slows to 5-month low of 4.1% in March, first month after West Asia crisis began

Growth successful the Index of Industrial Production (IIP) slowed to a five-month debased of 4.1% successful March 2026, the archetypal period of information aft the West Asia situation began, pulled down by a near-halving successful operation assemblage maturation rates and debased maturation successful consumer-centric sectors.

Data released by the Ministry of Statistics and Programme Implementation connected Tuesday (April 28, 2026) showed that maturation successful the IIP has been slowing since January, earlier the West Asia situation broke out. Economists constituent retired that the afloat economical interaction of the situation volition play retired implicit the adjacent fewer months.