Retail inflation spikes to 7-month high of 3.05% in May on costlier food articles; factory output grows 3.4% in April
The previous high was in October 2018, when the retail inflation print came in at 3.38 percent.
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Retail inflation inches up to 2.86% in March on rise in food, fuel prices; industrial output growth at 0.1% in February
The inflation based on Consumer Price Index was 2.57 percent in February this year. On yearly basis, it was 4.28 percent in March 2018.
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Retail inflation rises to 4-month high of 2.57% in February; industrial growth slows to 1.7% in January
Retail inflation rose to four-month high of 2.57 percent in February, mainly driven by higher food prices
According to the World Bank report, global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook.
It is quite possible that non-food WPI and manufacturing will also fall in coming months for two reasons
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Two things stand out in the CPI inflation number. The first is that the food items basket is responsible for this low number. The other concern which will definitely be the focus for the RBI is core inflation which is now above 6 percent.
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Industrial production growth slipped to a three-month low of 4.3 percent in August mainly due to a sharp decline in the mining sector output and poor offtake of capital goods, according to the Central Statistics Office (CSO) data.
Retail inflation cools to 10-month low of 3.69% in August; IIP grows at 6.6% in July as manufacturing, capital goods shine
CPI inflation was at 3.58 percent in October 2017 and has remained above RBI's targeted rate of 4 percent since then.
Industrial growth slips to 7-month low of 3.2% in May on sluggish performance of manufacturing and power sectors
Factory output growth measured in terms of the Index of Industrial Production (IIP) was revised down to 4.8 percent in April from previous estimates of 4.9 percent
World Bank says India's economy to regain 'fastest growing' tag; forecasts GDP growth to advance 7.3% in 2018-19
The World Bank forecasts are slightly lower than two other projections by international bodies published in April and May
Despite moderation in factory output growth in March, India's GDP is expected to grow by 7.7 percent in January-March, up from 7.2 percent in the preceding quarter, says a Nomura report.
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Retail, or consumer price indexed (CPI), inflation during May also fell to 2.18 percent, as compared with 5.76 percent in the same month of last year, pulled down by sharp fall in food prices.
The factory output measured in terms of the index of industrial production (IIP) had expanded by 6.5 percent in April last year