June IIP Narrows To -2.2% Vs Estimate Of -0.8%
  • Saba Ashraf
  • Aug 12 2013

August 12: In more bad news for the economy, IIP contracted at a sharper than estimated -2.2% in June, while July consumer price inflation came in at 9.64%. In this segment, Bloomberg TV India asks Madan Sabnavis, Chief Economist at CARE Ratings, to share his views on the dismal data and what it means for India.