Why it is in the news
On 28 September 2026, the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), released the Quick Estimate of the Index of Industrial Production (IIP) for August 2026 on the new base 2022-23=100. Industrial output grew 8.0% year-on-year, led by manufacturing and electricity, even as mining contracted.
The exam angle
Issue: Does August’s 8% print mark a durable, broad-based industrial upswing or a base-effect-driven spike on a newly re-weighted index?