- Wealth PMS
I know I shouldn’t bother with figures like IIP (Index of Industrial Production) that are hugely revised every season, but since I’ve been reporting them every month, I’ll continue. The headline number fell 0.4% for September:
As you can see:
The Use based indexes are also showing a slowdown:
Past data has been revised. Jun 2012 IIP was revised to -1.98% after being first announced at -1.81%.
July 2012 data was revised to -0.06% after the headline announcement of +0.06%.
Aug 2012 data was revised to +2.29% from the first announced +2.66%.