Industrial Growth At 6-Month High In Apr; Retail Inflation Spikes To 7-Month High In May
  • WebDesk BTVI
  • Jun 12 2019

April IIP data at 3.4% vs 4.8% year on year basis. While CPI at 3.05% for the month of May. Urban inflation weakens at 4.82%, since the consumption has been on a slowdown in urban as well as in the rural sector. On the other hand, a small rise in food inflation with vegetable inflation at 5.46% vs 2.87%, fuel & light inflation at 2.48% vs 2.56% month on month basis. Manufacturing sector growth has also come down at 2.8% vs -0.4% month on month basis.