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Industrial output up 7.5% in Jan; retail inflation eases for second straight month

By Reuters

  • 12 Mar 2018
Industrial output up 7.5% in Jan; retail inflation eases for second straight month
Credit: Reuters

India's industrial output grew 7.5 percent in January from a year earlier, government data showed on Monday.

Economists surveyed by Reuters had forecast 6.7 percent growth in output compared with a 7.1 percent year-on-year increase in December.

Meanwhile, the country's annual retail inflation eased for the second straight month in February to 4.44 percent, as food prices fell, government data showed on Monday.

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Analysts polled by Reuters had forecast February's consumer price inflation to ease to 4.80 percent from 5.07 percent in the previous month.

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