The industrial production index for July 2021 turned in encouraging growth of 11.5% compared to the same month last year, data issued by the Ministry of Statistics showed.
While the basic effects and impacts weakens the famous Covid waves, economists observe comparisons with the normal year 2019-20 to measure how far the crucial indicators of this economic health have risen again.
A deeper display tells some stories outside the title number and therefore shows the possibility of economic actions that can help recovery along the index number for July 2021 standing at 131.4 years to year.
The relatively high growth number is the result of the basic effects, because the economy is still staggered under the impact of the first wave of Covid-19 in July 2020.
The basic effects are also proven in the numbers of the first few months of FY22.
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IIP grows 11.5%, but what’s deeper in suggesting data?
