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January 12, 2021
A low base and softening of vegetable prices pulled down CPI Indias retail inflation eases to 4.59 pc in Dec, IIP contracts 1.9 pc in Nov ANI | Updated: Jan 12, 2021 18:27 IST New Delhi [India], January 12 (ANI): Indias retail inflation eased to 4.59 per cent in December from 6.93 per cent a month earlier on the back of drop in vegetable and food prices, government data showed on Tuesday. A low base and softening of vegetable prices pulled down inflation, w...
January 12, 2021
The factory output in the country had grown at 3.6 per cent in October.The
January 12, 2021
The Reserve Bank of India factors in retail inflation while arriving at its monetary policy
January 12, 2021
Updated: Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November. Share Article AAA Retail inflation fell sharply to 4.59% in December, mainly due to declining food prices, government data showed on Tuesday. File | Photo Credit: V.V. Krishnan Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November. Retail inflation fell sharply to 4.59% in December, mainly due to declining food prices, government data showed on Tuesday. Retail inflation based on...
January 12, 2021
Synopsis October IIP had grown at 3.6 per cent helped by festive demand and a sharp base effect. CPI inflation eases to 4.59% in Dec; IIP contracts 1.9% in November The Index of Industrial Production (IIP) contracted 1.9 per cent for November 2020, culling the trend of factory output in the previous two months showing signs of revival, data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed on Tuesday. For November, IIP with base 2011-12 stands at 126.3, the Mini...
January 12, 2021
Retail inflation was 6.93% in Nov 2020; food inflation declined to 3.41% in Dec in 2020, compared to 9.5% in the previous month.Manufacturing sector output shrank by 1.7% in Nov 2020, while mining output shrank 7.3%
January 12, 2021
Indias industrial production activity decelerated by 1.9 per cent in November 2020 on a year-on-year (YoY) basis, according to data from the Ministry of Statistics and Programme Implementation.The factory output in the country had grown at 3.6 ...
January 12, 2021
Retail inflation declined to 4.59 per cent in December 2020 compared with 6.93 per cent in November last, government data showed on Tuesday.The data released by the Ministry of Statistics and Programme Implementation showed that the easing of ...
January 12, 2021
The IIP had grown by 2.1% in November 2019. Industrial production had plunged 18.7% in March last year following the COVID-19 outbreak and remained in the negative zone till August 2020. With the resumption of economic activities, factory output posted a flat growth of 0.48% in September. The IIP growth for October has been revised upwards to 4.9 per cent from last months provisional estimates of 3.6%. The government had imposed a lockdown to contain the spread of COVID-19 infections on March 2...
January 12, 2021
India IIP contracts 1.9% in November 2020 versus 3.6% expansion in October The previous high recorded was in February 2020, when IIP rose 5.2 percent, while it plunged to 0.48 to percent in September 2020 following the dry months after the COVID-19 lockdown. The IIP for November last year grew 2.1 percent. Representative Image The Index of Industrial Production (IIP) contracted 1.9 percent for November 2020, showed the data released by the Ministry of Statistics and Programme Implementation (Mo...