2026-07-28 11:38:04 am | Source: PL Capital
Quote on Pre - IIP by Prachi Kele, Lead Economist, PL Capital
Below the Quote on Pre - IIP by Prachi Kele, Lead Economist, PL Capital
"Despite volatility in crude oil prices and elevated input cost pressures amid West Asia tensions, industrial production remained resilient, with IIP growing 5.1% YoY in May 2026.
We expect June IIP growth to remain decent supported by robust electricity generation, improving core sector activity and continued strength in infrastructure-related manufacturing. However, manufacturing activity is likely to be steady as growth may not be broad-based amid mixed consumer demand, higher raw material costs and uncertainty in global crude oil prices."
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