IIP rises to 7.5% in Jan, retail inflation eases to 4-month low of 4.4%

Manufacturing, 77.6 per cent of the Index of Industrial Production (IIP), grew 8.7 per cent in January, up from 8.5 per cent in December

Industrial activity expanded 7.5 per cent in January, up from 7.1 per cent in December. This is the third straight month that industrial output has expanded by more than 7 per cent, suggesting economic activity is gaining as the effects of demonetisation and the goods and services tax (GST) dissipate.
 
Retail inflation, measured by the consumer price index (CPI), moderated to a four-month low of 4.4 per cent in February, aided by a fall in the price of pulses and moderation in vegetables, led by onion. The CPI rise was 5.07 per cent in January. Headline inflation is now