Feb retail inflation eases to 4-month low of 4.44%, IIP grows 7.5% in Jan

December IIP was 7.1% and Jan CPI was 5.07%

Industrial production grow at a high rate of 7.5% in January 2018 against 3.5% in the year-ago month on the back of good show by manufacturing coupled with higher offtake of consumer and capital goods.

The Index of Industrial Production (IIP) had grown at 7.1% in December 2017, according to the data released by the Central Statistics Office (CSO) today.

The IIP growth in January this year was mainly on account of uptick in manufacturing sector which constitutes 77.63% of the index. It grew by 8.7% during the month as compared to 2.5% in January 2017, showing signs of recovery in