Industrial output jumps to 8.4%

Why in the news ?

  • Industrial output for November jumped to a 25-month high of 8.4 per cent, bolstered by strong performances in the manufacturing, construction, and consumer non-durables sectors, according to the official data.

More on news

  • The Index of Industrial Production (IIP) had grown at 2 per cent in October 2017, while it grew by 5.1 per cent in November 2016. 
  • Retail inflation surged to a 17-month high of 5.21 per cent in December, led by a surge in food and housing prices.
  • Food inflation, as measured by Consumer Food Price Index, rose to 4.96 per cent in December from 4.35 per cent the previous month.

Source

·         The Hindu, Indian Express.

Posted by Jawwad Kazi on 13th Jan 2018