Consumer price index (CPI)-based inflation, which hit a 17-month high in December at 5.2% in December, cooled down a bit in January at 5.07%.
The General Index for the month of December 2017 stands at 130.3, which is 7.1% higher as compared to the level in the month of December 2016.
The cumulative growth for the period April-December 2017 over the corresponding period of the previous year stands at 3.7%.
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2017 stand at 115.5, 131.6 and 143.9 respectively, with the corresponding growth rates of 1.2%, 8.4% and 4.4% as compared to December 2016. The cumulative growth in these three sectors during April-December 2017 over the corresponding period of 2016 has been 2.8%, 3.8% and 5.1% respectively.
The industry group ‘Manufacture of other transport equipment’ has shown the highest positive growth of 38.3% followed by 33.6% in ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ and 29.8% in ‘Manufacture of computer, electronic and optical products’.
On the other hand, the industry group ‘Manufacture of tobacco products’ has shown the highest negative growth of (-)28.2% followed by (-)22.3% in ‘Other manufacturing’ and (-)14.9% in ‘Manufacture of electrical equipment’.
Consumer price index (CPI)- based inflation, which hit a 17-month high in December at 5.2% in December, cooled down a bit in January at 5.07%.
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