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LATEST NEWS UPDATES | IIP shrinks again, inflation accelerates

IIP shrinks again, inflation accelerates

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published Published on Dec 13, 2019   modified Modified on Dec 13, 2019
-The Hindu

Food inflation is at a 40-month high

Industrial activity contracted for the third consecutive month in October by 3.8%, driven by a fall in activity across sectors, according to official data released on Thursday.

Separate data showed that retail inflation had surged to a 40-month high of 5.54% in November, driven by rising food inflation.

The Index of Industrial Production (IIP) had contracted by 4.3% in September and 1.1% in August.

IIP
 
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The Hindu, 12 December, 2019, https://www.thehindu.com/news/national/retail-inflation-soars-to-over-3-year-high-of-554-on-costlier-food-items/article30287926.ece?homepage=true


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