Retail inflation jumps to 15-month high, IIP slows to 2.2%

In the fuel and light segment, it was 7.92%, as against 6.36% in October

The economy may not be out of the woods yet with retail inflation shooting to a 15-month high of 4.88 per cent in November, and factory output sliding in October on subdued performance by mining and manufacturing, government data showed today.

The Central Statistics Office (CSO) released the two key macro economic data -- Consumer Price Index (CPI) for November and Index of Industrial Production (IIP) for October -- this evening.

The CPI-based retail inflation jumped to 4.88 per cent in November on annual basis, as compared to 3.58 per cent in the preceding month.

The IIP, commonly known as