December retail inflation dips to 4.59% on cheaper vegetables; Nov IIP shrinks to 1.9%
December retail inflation dips to 4.59% on cheaper vegetables; Nov IIP shrinks to 1.9% January 12, 2021 Industrial growth pulled down by manufacturing & mining; interest rate cut unlikely Two key economic indicators — headline inflation rate and industrial growth rate — registered a decline, but with a difference. While the headline retail inflation slipped to 4.59 per cent in a positive development, the industrial growth number contracted to 1.9 per cent, with manufacturing sputtering. Al...
Samer Narang Aditi Nayar Sunil Kumar Sinha Monetary Policy Committee Consumer Price Index Principal Economist
Source: thehindubusinessline.com