Industrial production growth slipped to 4.3 per cent in July, mainly on account of poor show by the manufacturing sector, according to official data released on Thursday. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018. Retail inflation rose marginally to 3.21 per cent in August from 3.15 per cent last month on the back of higher food prices, the government data showed on Thursday.
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Watch IIP growth rises to 4.3% in July; August retail inflation at 3.21% With HD Quality.
Industrial production growth slipped to 4.3 per cent in July, mainly on account of poor show by the manufacturing sector, according to official data released on Thursday. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018. Retail inflation rose marginally to 3.21 per cent in August from 3.15 per cent last month on the back of higher food prices, the government data showed on Thursday.
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Watch IIP growth rises to 4.3% in July; August retail inflation at 3.21% With HD Quality
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Retail inflation for the month of February climbed to 5.03 per cent after witnessing a significant dip last month.The core inflation jumped to 5.88 per cent. The RBI had expressed concerns over core inflation in last policy meeting.
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Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%
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Retail inflation has risen to 3.18% in June from 3.05% in May on higher food prices, hitting an eight-month high, the government said on Friday, but stayed below the central bank's medium-term target of 4% for an eleventh straight month. Annual retail inflation in June was 3.18%, up from 3.05% in the previous month, but below analyst forecasts.
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Watch Retail inflation hits eight-month high, rises to 3.18% in June With HD Quality
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India's factory growth dragged while retail inflation saw an uptick in the data released on Tuesday. Retail inflation rose to a three-month high of 2.57 per cent in February from 2.05 per cent last month on the back of modest spike in food and fuel prices. Industrial production slipped to 1.7 per cent in January 2019 from 2.4 per cent in December 2018, manufacturing index was at 1.3 per cent per cent v/s 2.7 per cent month-on-month.
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Watch IIP slows to 1.7% in January 2019, 2.57% inflation at 3-month high in February With HD Quality
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Industrial production grew at 3.1 per cent in May, mainly on account of improvement in power generation, according to official data released Friday. The Index of Industrial Production (IIP) had expanded by 3.8 per cent in May 2018. The expansion in power generation sector stood at 7.4 per cent compared to 4.2 per cent in the year-ago month. Mining growth was at 3.2 per cent in May as against 5.8 per cent in the corresponding month of the last fiscal. However, there was a slowdown in the manufacturing sector, which grew at 2.5 per cent in May compared to 3.6 per cent a year ago.
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Watch IIP data: India's industrial growth slips to 3.1% in May With HD Quality
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