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Source: Highlights The rate of price rise in the food basket accelerated to 3.87% in February, as against 1.89% in the preceding month, as per data released by NSO Inflation in the fuel and light category remained elevated at 3.53% during the month vis-a-vis 3.87% in January New Delhi: Retail inflation rose to a three-month high of 5.03 per cent in February mainly on account of higher food prices, government data showed on Friday. The Consumer Price Index (CPI) based retail inflation stood at 4.06 per cent in January. The previous high was witnessed at 6.93 per cent in November 2020. The rate of price rise in the food basket accelerated to 3.87 per cent in February, as against 1.89 per cent in the preceding month, as per data released by the National Statistical Office (NSO). Inflation in the fuel and light category remained elevated at 3.53 per cent during the month vis-a-vis 3.87 per cent in January. ....
Source: Highlights The worst performance was witnessed by the capital goods sector, which recorded a contraction of 9.6% during the month under review, compared to a 4.4% decline a year ago A contraction of 3.7% was registered in the mining sector in January, against a positive growth of 4.4% in the year-ago period New Delhi: Industrial production re-entered the negative territory by contracting 1.6 per cent in January, mainly on account of the decline in output of capital goods, manufacturing and mining sectors. The output of the manufacturing sector which constitutes 77.6 per cent of the Index of Industrial Production (IIP) shrank by 2 per cent in January, as against a growth of 1.8 per cent during the same month last fiscal, as per data released by the government on Friday. ....