IIP rises by 3% as electricity and manufacturing output spike.

• The Index of Industrial Production (IIP) increased by 3% due to a surge in electricity and manufacturing sector production.

• Electricity production rose by 2.7 percentage points to 6.3% due to increased power demand during summer.

• Manufacturing sector output grew at a faster rate of 3%, compared to 2.7% in February.

• Mining and quarrying sector growth slowed to 0.4% in March.

• Consumer durables and construction sectors saw the sharpest growth at 6.6% and 8.8% respectively.

• Primary sectors and intermediate goods saw faster output growth at 3.1% and 2.3% respectively.

• Consumer non-durables output contracted by 4.7% in Q2.

• Capital goods output growth increased at a slower rate of 2.4% in March.