Retail inflation inches up to 4.87% in May on costlier food; industrial output grows 4.9% in April

New Delhi: Retail inflation inched up to 4.87 percent in May on an increase in the prices of certain items in the food basket, as per government data released on Tuesday. Based on the Consumer Price Index (CPI), inflation was at 4.58 percent in the preceding month of April.

In May last year, it was 2.18 percent.

As per data released by the Central Statistics Office (CSO), food inflation rose to 3.10 percent last month, as against 2.8 percent in April.

Representational image.. AFP.

Representational image.. AFP.

The price data is collected from selected towns by the Field Operations Division of the NSSO and from selected villages by the Department of Posts.

The data is received through web portals, maintained by the National Informatics Centre (NIC).

Industrial growth rises by 4.9 percent in April

Meanwhile, industrial output expanded by 4.9 percent in April this year, spurred by higher growth in the manufacturing and mining sectors.

The industrial growth, measured on the Index of Industrial Production (IIP), was 3.2 percent in April last year.

In March this year, industrial production had grown at 4.4 percent.

As per data released by the CSO, the manufacturing sector, which constitutes more than 77 percent of the index, recorded a growth of 5.2 percent in April, up from 2.9 percent in the year ago month.

The mining sector too expanded by 5.1 percent, up from three percent in April 2017.

The growth in power generation however slipped to 2.1 percent in April this year, from 5.4 percent in the year-ago month.

Updated Date: Jun 12, 2018 21:57 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See