Ministry of Statistics and Programme Implementation (MoSPI) reports Index of Industrial Production (IIP) growth at 5.1% in May

Exam-focused facts from the 1 July 2026 current affairs briefing.

Key facts

India’s Index of Industrial Production (IIP) grew to a five-month high of 5.1% year-on-year in May, rising from 4.9% recorded in April.
The latest release marks the second monthly IIP data based on the new series with the 2022-23 base year.
Electricity and gas supply grew by 9.9% in May, while manufacturing output expanded by 5.5% and mining output contracted by 1.6%.
The Ministry of Statistics and Programme Implementation (MoSPI) shifted to using the Producer Price Index (PPI) as the deflator for 234 out of 463 item groups, representing 36.02% of the total index weight.
Capital goods production recorded the strongest expansion at 12.9% in May, while consumer durables and consumer non-durables grew by 7.2% and 3.6% respectively.