Current Affairs - Economy - Discussion

India's industrial output grew by 5.1% in May 2026, the highest growth rate recorded in the previous five months. The increase was driven primarily by strong performance in the electricity and gas supply sector, robust manufacturing activity, and higher capital goods production. The data, released by the National Statistics Office (NSO), also reflected the adoption of the new 2022–23 base year for the Index of Industrial Production (IIP). A key methodological change was the replacement of the Wholesale Price Index (WPI) with the Output Producer Price Index (Output PPI), improving the accuracy of industrial output estimation and providing a better measure of real industrial growth.