New Delhi: Buoyancy in manufacturing and power sectors coupled with robust performance of the mining industry, pushed up the industrial production to 10.7 per cent in August as compared to 10.3 per cent in the corresponding period last year.

The industrial performance during August was better than 7.5 per cent (revised from 7.1 per cent) growth rate recorded in July 2007.

The cumulative industrial growth during the first five months (April-August 2007-08), however, was down to 9.8 per cent from 11.0 per cent recorded during the corresponding period last year, according to the Index of Industrial Production (IIP) released by the government.

While the mining sector during August recorded a growth of 17.1 per cent (against negative growth of 1.7 per cent a year ago), the manufacturing sector grew by 10.4 per cent, though lower than the growth rate of 11.9 per cent witnessed during the corresponding month last year.

Electricity generation during August grew by 9.2 per cent as compared to 4.1 per cent a year ago.

As per the use-based classification of the industry, the capital goods sector recorded a sharp growth of 30 per cent in August over 16.6 per cent a year ago.

On the negative side, the growth rate of the consumer durables sector declined by 6.2 per cent as against a positive growth of 19 per cent in August 2006.

The basic goods and intermediate goods, however, recorded growth rates of 13.3 per cent and 12.3 per cent respectively during August, as against 4.8 per cent and 8.7 per cent in the corresponding period last year.