IIP DATA

Infrastructure goods and capital goods grew at a robust 8.1 per cent and 10.95 per cent, respectively

Mining output rose by 9.8 per cent and power generation increased by 10.4 per cent during the month under review

The IIP manufacturing for November expanded to its highest in five months after a subdued performance in October 2022

This is the first time in 11 months that the retail inflation print has come within the RBI's tolerance band of 4% (+/-2%)

India's industrial production grew 3.1 per cent in September, according to official data released on Friday. The Index of Industrial Production (IIP) had grown 4.4 per cent in September 2021. As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew by 1.8 per cent in September 2022. The mining output rose 4.6 per cent and power generation increased 11.6 per cent during the month.

Retail inflation was 4.91% in November 2021 and 4.59% in December 2020

The index had risen 4.5 per cent in October last year against 1 per cent in the previous month

This marks the fourth consecutive month inflation has been within the Reserve Bank of India's tolerance band of 2%-6%

The manufacturing sector's output surged 10.5% in July 2021

Manufacturing sector output, which accounts for more than three-fourths of the entire index, registered a growth of nearly 200 per cent

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Weakness in index heavyweight Reliance Industries and banking and financial stocks was what dragged indices lower even as IT stocks, without much success, tried to cushion the fall

Industrial output shrinks 1.6% in January

Food inflation rose steeply to 3.87 per cent in February, compared to 1.89 per cent in the previous month, according to government data released on Friday

Makes his prediction on the basis of the number of items in the IIP basket that grew in the month of October

The industrial output grew by 0.2 per cent in September, according to the Index of Industrial Production (IIP) data

Though September high-frequency indicators offer hope, August IIP data shows well performing FMCG sector went from green to red, while recovery turned stale for primary goods

The government wants to make India a self-reliant country in these segments, boost exports and become a global supplier

Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth

Besides, investors will keep tracking latest developments and trends on the Covid-19 pandemic front, like data on infection cases and fatality rates as well as update on vaccine trials