FreeCurrencyRates.com

इंडियन आवाज़     19 Aug 2018 09:04:43      انڈین آواز
Ad

Retail inflation dips to 4.4% in February from 5.07% in January

Industrial Production grows 7.5% in January

food-inflation
Retail inflation has dipped to 4(point)44 per cent in February from 5.07 per cent in January. According to the Central Statistics Office data released on Monday, inflation in vegetables was 17.57 per cent as against 26.97 per cent, and for fruits, it was 4.80 per cent, down from 6.24 per cent.

Inflation for the fuel and light category was at 6.80 per cent in February as against 7.73 per cent in January.

The rate of price increase was, however, higher for transport and communication services at 2.39 per cent as against 1.97 per cent.

The Industrial Production expanded by 7.5 per cent in January compared to 3.5 percent in the same month last year.

The growth was mainly on account of uptick in manufacturing sector which constitutes 77.63 per cent of the Index of Industrial Production (IIP). It grew by 8.7 per cent during the month as compared to 2.5 per cent in January last year.

Capital and Consumer non-durable goods also showed a sharp increase. However, the mining sector saw a flat growth.

IIP had grown at 7.1 per cent in December last year.

Leave a Reply

Your email address will not be published. Required fields are marked *

Ad
Ad
Ad
Ad

MARQUEE

Living index: Pune best city to live in, Delhi ranks at 65

The survey was conducted on 111 cities in the country. Chennai has been ranked 14 and while New Delhi stands a ...

Jaipur is the next proposed site for UNESCO World Heritage recognition

The Walled City of Jaipur, Rajasthan, India” is the next proposed site for UNESCO World Heritage recognition ...

@Powered By: Logicsart