As per the latest figures of index of industrial production (IIP) released today, manufacturing sector, which accounts for three-fourth of the total IIP weightage, saw a 5.5 per cent growth rate during April-June compared to 3.3 per cent in the corresponding period of last year.

Industrial production for the month of June grew by 5.2 per cent compared to 6.4 per cent in the same period a year ago, the data released by Central Statistical Organisation (CSO) revealed.

While electricity sector grew by 10.2 per cent during the quarter against 5.4 per cent last year, growth in the mining sector turned negative at 0.3 per cent during the period compared to 4.9 per cent in the first quarter of last year.

During June, manufacturing sector grew by 5.0 per cent compared to 6.0 per cent growth insame month of previous year. The improvement in manufacturing was mainly due to the robust 11 per cent growth in the first quarter in capital goods sector compared to a negative 1.3 per cent a year ago.

The sharp growth in capital goods segment in the first quarter has come because of a steep upward revision in the quick estimates of may from 0.6 per cent to 12.2 per cent.

In June, this key segment of manufacturing industry grew by 2.5 per cent compared to 7.4 per cent a year ago. Growth in consumer goods segment improved during the quarter to 4.1 per cent from a negative 1.8 per cent in the same period last year, largely due to a pick up in the non-durables sub-segment.

Non-durables, which takes into account processed foods industry, recorded a 3.7 per cent growth during the period under review compared to a negative 3.8 per cent growth achieved last year.

However, consumer durables grew at a lower 5.9 per cent in the quarter as against 6.5 per cent logged a year ago, with the segment growing at ameagre 2.6 per cent compared to 6.2 per cent recorded in June last year.

The basic goods sector also recorded a lower 3.9 per cent growth in the first quarter from 6.8 per cent achieved in the same period last year. During the month, it grew at 4.8 per cent, down from 8.3 per cent last June. Growth in the intermediate goods remained more or less the same at 7.0 per cent in April-June compared to 7.3 per cent a year ago.