India’s core sector output rebounds by 2% in Sept
Improvement in the core sector's performance aided by easing of rainfall-related disruptions in sectors such as mining, electricity
Improvement in the core sector's performance aided by easing of rainfall-related disruptions in sectors such as mining, electricity
Key sectors driving growth were manufacturing, up 4.6%, and electricity, which saw a 7.9% increase.
The mining sector was the only major area to experience an increase, rising to 10.3% from 6.6% earlier
The headline inflation had moderated to an average of 5.5 per cent during April-December 2023 from 6.7% during 2022-23
With June inflation numbers out, the first quarter average retail inflation for 2023-24 stands at 4.6%, in line with RBI’s estimates
Index of Industrial Production (IIP) grew 1.1% in March.
CPI-based headline inflation falls to a one-year low; remains below the RBI’s upper threshold of 6% for the 2nd month in a row.
Retail inflation rose in both rural and urban areas. India's factory output saw a contraction of 0.8% in August 2022.
The manufacturing sector grew 3.2% in July, power generation rose 2.3%, while mining output contracted 3.3% during the month under review, the NSO data showed.
Except crude oil and natural gas, all other six industries recorded an expansion in July 2022.