<p>"I expected it to be a little better," Mukherjee told reporters on June's Index of Industrial Production (IIP), which fell to single digit for the first time in 9 months. Industrial growth slipped to over a year low in June due to slowdown in manufacturing output, as well as on account of a high base last year. Mining and electricity generation, too, posted lower numbers.<br /><br />Growth in manufacturing, which constitutes around 80 per cent weight in IIP, fell to 7.3 per cent in June as against 8 per cent a year back. Mining output expanded by 9.5 per cent as against 14.2 per cent, and electricity generation grew by merely 3.5 per cent, against 8 per cent.<br /><br />Experts attributed the sluggish pace of growth to high base effect. The expansion in factory output was 8.3 per cent a year ago and it made even a large hike now seem modest.</p>
<p>"I expected it to be a little better," Mukherjee told reporters on June's Index of Industrial Production (IIP), which fell to single digit for the first time in 9 months. Industrial growth slipped to over a year low in June due to slowdown in manufacturing output, as well as on account of a high base last year. Mining and electricity generation, too, posted lower numbers.<br /><br />Growth in manufacturing, which constitutes around 80 per cent weight in IIP, fell to 7.3 per cent in June as against 8 per cent a year back. Mining output expanded by 9.5 per cent as against 14.2 per cent, and electricity generation grew by merely 3.5 per cent, against 8 per cent.<br /><br />Experts attributed the sluggish pace of growth to high base effect. The expansion in factory output was 8.3 per cent a year ago and it made even a large hike now seem modest.</p>