July 12, 2011 5:43 PM

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Poor performance of the manufacturing and mining sectors dragged the country's industrial growth down to 5.6 per cent in May, this year, from 8.5 per cent in the same month last year. Industrial growth in April-May this year averaged 5.7 per cent, compared to 10.8 per cent in the same period last year.The manufacturing sector grew by just 5.6 per cent in May, this year, against 8.9 per cent in the same month last year. The mining sector grew by just 1.4 per cent in May 2011, as against 7.9 per cent in the same month last year. The capital goods sector grew 5.9 per cent, compared to 15.8 per cent. Growth in output of intermediate goods declined sharply, to 0.9 per cent, from 11.7 per cent. Overall, consumer goods saw lower growth of 5.4 per cent, against 7.4 per cent.Factory output in April, as measured by the Index of Industrial Production, IIP, has also been revised downward to 5.7 per cent, from the earlier estimate of 6.3 per cent, as per the new series with a base year of 2004-05.

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