Industrial output hits 9month high
: The Indian Index of Industrial Production (IIP) for August released on Thursday showed that factory output grew 4.3% against the same month last year, a nine-month high, on the back of robust mining and electricity sector growth.
Annual retail inflation for September remained static at 3.28% compared to August, the data showed. In September last year, however, it was 4.39%.
The data showed that retail inflation dipped due to a fall in the prices of food items.