IIP up at 4.3%, CPI dips to 3.2%
In a minor relief to the government after a string of disappointing macroeconomic numbers, retail inflation came 0.08 percentage points lower in September at 3.28% even as factory output rose 3.4 percentage points to 4.3% in August, according to official statistics released on Thursday.
Many believe that the sharp upturn in IIP may be indicative of restocking exercise before the commencement of festive season in the economy.
A crucial threeday meet of the RSS called Akhil Bharatiya Karyakari Mandal (ABKM) got underway in Bhopal on Thursday. The mandate of the ABKM