January IIP at 2%; February CPI at 6.58% Vs 7.59% in previous month

Retail inflation slowed to 6.58 per cent in February over the previous month mainly due to easing food prices

India's industrial output grew by 2 per cent in January amid subdued performance of manufacturing sector, government data showed on Thursday. The Index of Industrial Production (IIP) had grown by 1.6 per cent in January 2019.

According to data from the National Statistical Office (NSO), the manufacturing sector output grew by 1.5 per cent as compared with a rise of 1.3 per cent in the corresponding month a year ago. Electricity generation rose 3.1 per cent, against 0.9 per cent growth in January 2019.

The mining sector output posted a growth of 4.4 per cent in January 2020, compared with a rise