Latest IIP and CPI data released
DSIJ Intelligence / 12 Jun 2015
The index of industrial production (IIP) for the month of April stood at 4.1 per cent, higher than the expections of economists, compared with same period of previous year. The IIP for the same month last year was 3.7 per cent. For full financial year 2014-15, IIP stood at 2.8 per cent.
The index of industrial production (IIP) for the month of April stood at 4.1 per cent, higher than the expections of economists, compared with same period of previous year. The IIP for the same month last year was 3.7 per cent. For full financial year 2014-15, IIP stood at 2.8 per cent.
Manufacturing sector showed growth and the manufacturing output rose by 5.1 per cent on yearly basis. IIP for the Mining, Manufacturing and Electricity industries for the month of April 2015 stand at 123.3, 190.6 and 177.2 respectively, with the corresponding growth rates of 0.6, 5.1 and - 0.5 per cent respectively as compared to April 2014.
Meanwhile Consumer Price Index (CPI) data for the month of May was released today. CPI inflation rose marginally to 5.01 per cent versus 4.87 per cent in April. The retail food came down to 4.8 per cent in May from 5.11 per cent in April.
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