Double delight for govt, inflation falls to five.72% in Dec; Industrial manufacturing rises 7.1% in November – The Financial Occasions Video

Retail inflation declined to a one-year low of 5.72 per cent in December 2022, primarily resulting from softening costs of meals objects, in line with official information launched on Thursday. The Client Worth Index (CPI) primarily based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021. India’s industrial manufacturing rose by 7.1 per cent in November 2022 after contracting in October, in line with official information launched on Thursday. The Index of Industrial Manufacturing (IIP) grew by 1 per cent in November 2021.