Industrial growth 11 months high, inflation slumps to 17-month low

| | New Delhi
  • 0

Industrial growth 11 months high, inflation slumps to 17-month low

Thursday, 13 December 2018 | PTI | New Delhi

India’s industrial output grew at an 11-month high of 8.1 per cent in October mainly on the back of mining, power and manufacturing sectors coupled with higher offtake of capital as well as consumer durable goods. At the same time, retail inflation plunged to a 17-month low in November at 2.33 per cent, mainly on account of decline in prices of kitchen essentials like vegetables, eggs and pulses.

Industrial production measured in terms of Index of Industrial Production (IIP) grew 1.8 per cent in October last year, as per official data released by the CSO.

The previous high IIP growth rate was recorded in November last year at 8.5 per cent. During the April-October period, industrial output grew 5.6 per cent as compared to 2.5 per cent in the same period of the previous fiscal.

 

State Editions

Recalling “Humanist” MN Roy’s Deep bond with Doon

21 January 2019 | JASKIRAN CHOPRA | Dehradun

Divorcee’s body found in home

21 January 2019 | PNS | Dehradun

Migration from the mountains & how to check it

21 January 2019 | Ashish Joshi | Dehradun

Opp condemns BJP MLA’s remark against Mayawati

21 January 2019 | PNS | Lucknow

BJP MLA apologises for remarks on Mayawati

21 January 2019 | PNS | Lucknow

Sunday Edition

Globe Trotting

20 January 2019 | Agencies | Sunday Pioneer

Sharif not completely well, says special medical board

20 January 2019 | PTI | Sunday Pioneer

Bangladesh PM Hasina says Govt will work for all

20 January 2019 | PTI | Sunday Pioneer