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India's retail inflation rises to 5.52% in March; February IIP contracts 3.6%
3 years, 8 months ago

India's retail inflation rises to 5.52% in March; February IIP contracts 3.6%

India Today  

India’s retail inflation, measured by the Consumer Price Index, for March rose to 5.52 per cent from 5.03 per cent in February, showed government data on Monday. Read | Explained: How rising retail inflation will disrupt India’s economic recovery It may be noted that the inflation rate in food and beverages was high at 5.24 per cent. Fuel and energy …

India Inflation Cent
India June factory output contracts 16.6%
4 years, 5 months ago

India June factory output contracts 16.6%

Live Mint  

India’s factory output contracted sharply for the fourth straight month in June, though at a slower pace than in May, signaling gradual process of normalization of manufacturing activity, even though localised lockdowns following rapidly spreading pandemic could hamper the economic recovery process. However, Aditi Nayar, principal economist at ICRA Rating said IIP contraction may come down to single digit in …

India Quarter Contraction
Industrial production grows 2% in January
4 years, 9 months ago

Industrial production grows 2% in January

India TV News  

India's industrial output grew by 2 per cent in January amid subdued performance of manufacturing sector, government data showed on Thursday. According to data from the National Statistical Office, the manufacturing sector output grew by 1.5 per cent as compared with a rise of 1.3 per cent in the corresponding month a year ago. Electricity generation rose 3.1 per cent, …

Cent Iip Industrial Production Production Grows
Industrial Production contracts 0.3% in December on manufacturing slump
4 years, 10 months ago

Industrial Production contracts 0.3% in December on manufacturing slump

India Today  

India's industrial production growth turned negative in December, contracting by 0.3 per cent, mainly on account of a decline in manufacturing sector output, official data showed on Wednesday. Factory output, as measured in terms of the Index of Industrial Production, had recorded a growth of 2.5 per cent in December 2018. Industrial production growth had turned positive at 1.8 per …

India Growth China Month Cent Iip Industrial Production
IIP contracts for second consecutive month: Economy goes into a tailspin; $5 tn target is distant dream unless out-of-box measures are taken now
5 years, 1 month ago

IIP contracts for second consecutive month: Economy goes into a tailspin; $5 tn target is distant dream unless out-of-box measures are taken now

Firstpost  

The signs of further weakness in the Indian economy are emerging from every high-frequency data indicator. Such a poor show in the IIP numbers isn’t a surprise because the core sector growth, the growth across eight major industries that contribute 40 percent of the IIP, had already indicated the trend. The numbers are a major wake-up call and a reminder …

India Economy Money Projects Sector Iip Lic
Industrial production contracts at fastest pace in over seven years at 4.3% in September; consumer durables, non-durables register negative growth
5 years, 1 month ago

Industrial production contracts at fastest pace in over seven years at 4.3% in September; consumer durables, non-durables register negative growth

Firstpost  

The power generation sector output dipped 2.6 percent in September, compared to 8.2 percent growth in the year-ago period. Showing signs of sluggishness in the economy, industrial production shrank by 4.3 percent in September, registering the weakest performance in seven years due to output decline in manufacturing, mining and electricity sectors, as per official data released on Monday, a PTI …

Growth Industrial Production Month Pti Seven Years Output
IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of money
5 years, 2 months ago

IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of money

Firstpost  

Another quarter percentage point rate cut from the Reserve Bank of India/Monetary Policy Committee is guaranteed now after the dismal IIP numbers in the month of August. The August IIP numbers was the lowest in seven years showing negative growth of 1.1 percent; the slowdown this time is broad-based with manufacturing sector and capital goods segments leading the poor show. …

India Growth Tax Indian Rate Rbi Cut
August IIP contracts by 1.1%, lowest in seven years on dismal performance of manufacturing, capital and consumer goods
5 years, 2 months ago

August IIP contracts by 1.1%, lowest in seven years on dismal performance of manufacturing, capital and consumer goods

Firstpost  

Industrial output shrank at its lowest rate in more than six years in August, reflecting the impact of an economic slowdown that could prompt the central bank to cut its key policy rate for the sixth time in December Industrial output shrank at its lowest rate in more than six years in August, reflecting the impact of an economic slowdown …

India Growth Capital Goods Month Rate Cut Last Year