India’s Consumer Price Index-based inflation was 3.28% in September, according to data released on Thursday by the Central Statistics Office. The figure for August, earlier reported at 3.36%, was revised down to 3.28% as well.
The inflation data also showed that the Consumer Food Price Index – an indicator for food prices – rose 1.25% in September, slower than 1.52% in August.
Meanwhile, the Index of Industrial Production grew 4.3% in August, after rising 0.9% in July. The index is seen as an indicator of the health of various industrial sectors in the economy. The cumulative index for April-August period, as compared to the same period in 2016, grew 2.2%.
Earlier this year, a number of sectors, including manufacturing, electricity and construction, had seen a slowdown in growth. It had hit the Index of Industrial Production in the April-June quarter. The index had fallen 0.2% in June, but recovered in the following month.
Buy an annual Scroll Membership to support independent journalism and get special benefits.
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!