Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Double-whammy: inflation is rising, factory output is falling    </title>
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-The Hindu Business Line

June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July

New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.

Retail inflation surged to 6.07 per cent in..."/>
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-The Hindu Business Line

June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July

New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.

Retail inflation surged to 6.07 per cent in..." />
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July<br /><br />New Delhi: </em>A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.<br /><br />Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank&rsquo;s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June.<br /><br />Yet, the Index of Industrial Production (IIP) grew 2.1 per cent, led by robust growth in electricity and mining sectors. According to official data released on Friday, IIP&rsquo;s cumulative growth between April and June was 0.6 per cent against 3.3 per cent in the year-ago period.<br /><br />While electricity and mining grew 8.3 per cent and 4.7 per cent, respectively, in June, amongst use-based industries, capital goods production dipped 16.5 per cent. Basic and intermediate goods grew 5.9 per cent and 6.1 per cent, respectively.<br /><br />Consumer goods production rose 2.8 per cent in June, led by a rise in durable goods that expanded 5.6 per cent. The consumer non-durable goods, however, recorded low growth of 1 per cent.<br /><br />&ldquo;Revival of investment demand remains an area of concern as reflected in the steep decline of the capital goods sector in the first quarter,&rdquo; said industry body FICCI.<br /><br /><em>Retail inflation<br /></em><br />More worrying was the Consumer Price Index-based inflation jumping to 6.07 per cent in July against 5.77 per cent a month ago, led by higher food prices.<br /><br />Food price inflation rose to 8.35 per cent in July against 7.79 per cent a month ago. It was a mere 2.15 per cent in July 2015. CPI inflation in pulses (27.53 per cent), sugar (21.91 per cent) and vegetables (14.06 per cent) remained in double-digits.<br /><br />Despite calls for a rate cut to spur industrial growth, the Reserve Bank of India had left the repo rate unchanged in the monetary policy review on August 9 as it was concerned with retail inflation ruling above its projection of around 5 per cent for the fiscal.</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 12 August, 2016, http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true</a><div class="clear"></div>
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June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July

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                            <div align="justify">-The Hindu Business Line<br /><br /><em>June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July<br /><br />New Delhi: </em>A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.<br /><br />Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank&rsquo;s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June.<br /><br />Yet, the Index of Industrial Production (IIP) grew 2.1 per cent, led by robust growth in electricity and mining sectors. According to official data released on Friday, IIP&rsquo;s cumulative growth between April and June was 0.6 per cent against 3.3 per cent in the year-ago period.<br /><br />While electricity and mining grew 8.3 per cent and 4.7 per cent, respectively, in June, amongst use-based industries, capital goods production dipped 16.5 per cent. Basic and intermediate goods grew 5.9 per cent and 6.1 per cent, respectively.<br /><br />Consumer goods production rose 2.8 per cent in June, led by a rise in durable goods that expanded 5.6 per cent. The consumer non-durable goods, however, recorded low growth of 1 per cent.<br /><br />&ldquo;Revival of investment demand remains an area of concern as reflected in the steep decline of the capital goods sector in the first quarter,&rdquo; said industry body FICCI.<br /><br /><em>Retail inflation<br /></em><br />More worrying was the Consumer Price Index-based inflation jumping to 6.07 per cent in July against 5.77 per cent a month ago, led by higher food prices.<br /><br />Food price inflation rose to 8.35 per cent in July against 7.79 per cent a month ago. It was a mere 2.15 per cent in July 2015. CPI inflation in pulses (27.53 per cent), sugar (21.91 per cent) and vegetables (14.06 per cent) remained in double-digits.<br /><br />Despite calls for a rate cut to spur industrial growth, the Reserve Bank of India had left the repo rate unchanged in the monetary policy review on August 9 as it was concerned with retail inflation ruling above its projection of around 5 per cent for the fiscal.</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 12 August, 2016, http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true</a><div class="clear"></div>
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-The Hindu Business Line

June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July

New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.

Retail inflation surged to 6.07 per cent in..."/>
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-The Hindu Business Line

June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July

New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.

Retail inflation surged to 6.07 per cent in..." />
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July<br /><br />New Delhi: </em>A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy.<br /><br />Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank&rsquo;s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June.<br /><br />Yet, the Index of Industrial Production (IIP) grew 2.1 per cent, led by robust growth in electricity and mining sectors. According to official data released on Friday, IIP&rsquo;s cumulative growth between April and June was 0.6 per cent against 3.3 per cent in the year-ago period.<br /><br />While electricity and mining grew 8.3 per cent and 4.7 per cent, respectively, in June, amongst use-based industries, capital goods production dipped 16.5 per cent. Basic and intermediate goods grew 5.9 per cent and 6.1 per cent, respectively.<br /><br />Consumer goods production rose 2.8 per cent in June, led by a rise in durable goods that expanded 5.6 per cent. The consumer non-durable goods, however, recorded low growth of 1 per cent.<br /><br />&ldquo;Revival of investment demand remains an area of concern as reflected in the steep decline of the capital goods sector in the first quarter,&rdquo; said industry body FICCI.<br /><br /><em>Retail inflation<br /></em><br />More worrying was the Consumer Price Index-based inflation jumping to 6.07 per cent in July against 5.77 per cent a month ago, led by higher food prices.<br /><br />Food price inflation rose to 8.35 per cent in July against 7.79 per cent a month ago. It was a mere 2.15 per cent in July 2015. CPI inflation in pulses (27.53 per cent), sugar (21.91 per cent) and vegetables (14.06 per cent) remained in double-digits.<br /><br />Despite calls for a rate cut to spur industrial growth, the Reserve Bank of India had left the repo rate unchanged in the monetary policy review on August 9 as it was concerned with retail inflation ruling above its projection of around 5 per cent for the fiscal.</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 12 August, 2016, http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true</a><div class="clear"></div>
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Double-whammy: inflation is rising, factory output is falling

Published on Aug 13, 2016   Modified on Aug 13, 2016

-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial Production (IIP) grew 2.1 per cent, led by robust growth in electricity and mining sectors. According to official data released on Friday, IIP’s cumulative growth between April and June was 0.6 per cent against 3.3 per cent in the year-ago period. While electricity and mining grew 8.3 per cent and 4.7 per cent, respectively, in June, amongst use-based industries, capital goods production dipped 16.5 per cent. Basic and intermediate goods grew 5.9 per cent and 6.1 per cent, respectively. Consumer goods production rose 2.8 per cent in June, led by a rise in durable goods that expanded 5.6 per cent. The consumer non-durable goods, however, recorded low growth of 1 per cent. “Revival of investment demand remains an area of concern as reflected in the steep decline of the capital goods sector in the first quarter,” said industry body FICCI. Retail inflation More worrying was the Consumer Price Index-based inflation jumping to 6.07 per cent in July against 5.77 per cent a month ago, led by higher food prices. Food price inflation rose to 8.35 per cent in July against 7.79 per cent a month ago. It was a mere 2.15 per cent in July 2015. CPI inflation in pulses (27.53 per cent), sugar (21.91 per cent) and vegetables (14.06 per cent) remained in double-digits. Despite calls for a rate cut to spur industrial growth, the Reserve Bank of India had left the repo rate unchanged in the monetary policy review on August 9 as it was concerned with retail inflation ruling above its projection of around 5 per cent for the fiscal.

The Hindu Business Line, 12 August, 2016, http://www.thehindubusinessline.com/economy/doublewhammy-inflation-is-rising-factory-output-is-falling/article8981859.ece?homepage=true

Tagged with: Inflation price rise food inflation food prices industrial growth Index of Industrial Production (IIP)

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