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IIP growth at 8-month low in November: What do the numbers say about Indian economy?

The manufacturing sector saw a significant decline in growth in November 2023, with electricity output and mining also slowing down. Only six categories within manufacturing recorded expansion, while others experienced contraction.

WPI inflation eases to 12 96 pc in Jan; food prices harden

Wholesale Inflation News: Wholesale Price Index (WPI) At 13 56% In December, Firms Fight Rising Costs

The rate of inflation, based on the monthly wholesale price index (WPI), stood at 13.56 per cent for December 2021, compared to 1.9 per cent in the corresponding month of 2020, government data showed on Friday, January 14. Along with this, retail inflation also rose to 5.59 per cent in December, tracking a sharp rise in food prices. The next WPI inflation data will be released after Budget 2022 - scheduled to be presented on February 1.

WPI inflation eases to 13 56 per cent in December; food items, veggies see price rise

The wholesale price-based inflation bucked the 4-month rising trend in December 2021, and eased to 13.56 per cent, mainly on account of softening in fuel, power and manufacturing items even though food prices hardened.

Retail Inflation Likely Accelerated To A Six-Month High In December: Report

Higher telecommunications charges, along with a comparatively low base one year ago, likely drove Indian retail inflation to a six-month high in December, a Reuters poll found, keeping alive expectations for an interest rate rise by mid-year.

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