Inflation, factory output HIGHLIGHTS: Double trouble for economy; June CPI rises, May IIP growth falls

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Updated: July 12, 2019 7:05:16 PM

CPI Index June 2019 India HIGHLIGHTS: The June Consumer Price Index (CPI)-based inflation released by CSO Friday was reported at 3.18 per cent as against CNBC TV18 poll of 3.19 per cent.

India Inflation Rate, CPI June 2019 LiveCPI Index June 2019 India HIGHLIGHTS: The industrial output for May was expected to be mostly unchanged at 3.3 per cent, according to different polls.

CPI Index June 2019 India HIGHLIGHTS: The June Consumer Price Index (CPI)-based inflation released by CSO Friday was reported at 3.18 per cent as against CNBC TV18 poll of 3.19 per cent. The May Index of Industrial production (IIP) growth stood at 3.1 per cent as against 3.4 per cent by CNBC TV18. The retail inflation in May had inched up to 3.05 per cent from 2.92 per cent in April, on account of rise in vegetable prices, even as prices remained comfortably within the Reserve Bank of India’s target level of 4 per cent. On the other hand, IIP growth had risen by 3.4 per cent in April 2019 as against the levels in April 2018. A Reuters Poll has predicted an eight-month high retail inflation in June, while the CNBC-TV18 predicted June retail inflation to rise to 3.19 per cent. The industrial output for May was expected to be mostly unchanged at 3.3 per cent, according to CNBC-TV 18 poll.

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