IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption
Index of Industrial Production (IIP) growth eased to 6.7% in July 2026, which was still its second-best reading since December last year. Growth was buoyed by the manufacturing and the electricity and gas supply sectors. Economists cautioned that sluggish rural consumption could weigh on momentum in the coming months, flagging demand-side weakness even as industrial output held up.
Nabka Insight
IIP is the standard monthly gauge of industrial output for the economy section.
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- IIP growth: 6.7% in July 2026
- Second-best reading since December last year
- Buoyed by manufacturing and electricity & gas supply
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