Industrial output at 9-Month High, retail inflation stood at 3.28% in September

NewsBharati    13-Oct-2017
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New Delhi, October 13: The country's industrial production grew at a nine-month high of 4.3 per cent in August this year. This was mainly due to a robust performance of the mining and power sectors. Factory output measured in terms of the Index of Industrial Production (IIP) had grown 4 per cent in August last year. 

According to a data released by the Central Statistics Office, manufacturing sector output grew 3.1 per cent in August, mining sector output surged 9.4 percent, and electricity generation increased 8.3 per cent. Production of capital good rose 5.4 per cent in August. Consumer durables output increased 1.6 percent, and consumer non-durables output rose 6.9 per cent during the month.

Retail inflation stood at 3.28 per cent in September this year, unchanged from August. Retail inflation had stood at 4.39 per cent in September last year.

According to Central Statistics Office data, overall food inflation moderated to 1.25 per cent in September. Retail inflation in vegetables softened to 3.92 percent. Pulses and products saw deflation or a fall in prices of 22.51 per cent during the month under review.

Industrial output Retail inflation consumers Consumer Price Index compared IIP goods Industrial growth Index of Industrial Production Economy Inflation