INDIA: IIP Anemic Growth of 1.2% Inconsistent with GDP Growth of over 7%
The Index of Industrial Production (IIP) rose by an anemic 1.2% y-o-y in May 2016 after having declined by 1.3% y-o-y in April 2016. However, on a...
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India: Manufacturing Output Remains Weak, Declining for Fifth Straight Month
Index of Industrial Production (IIP) grew 0.1% y-o-y in March 2016 compared to a growth of 2% y-o-y in February 2016 as per official figures. After...
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India: Consumer Price Index Inflation Back Above 5.0%
Consumer Price Index (CPI) inflation increased to 5.4% y-o-y in April 2016 compared to a 4.8% y-o-y rise in March 2016. Inflation was driven higher...
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