Updated Apr 12, 2021 | 17:54 IST India’s factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a contraction of (-)3.6 per cent in the month of February Retail inflation rises to 5.52% in March; IIP contracts 3.6% in Feb New Delhi: India’s retail inflation, measured by the Consumer Price Index (CPI), rose to 5.52 per cent in the month of March. The retail inflation during the month of February was at 5.03 per cent. Note that this is the fourth consecutive month that the CPI data has come within the Reserve Bank of India’s (RBI) upper margin of 6 per cent.