Instant View: India's consumer inflation edges up; factory output at two-month high

MUMBAI (Reuters) - India's consumer price inflation edged up to 5.01 percent in May, while annual industrial output growth accelerated to a two-month high of 4.1 percent in April, government data showed on Friday.

Below are analyst comments on the data.

DEBOPAM CHAUDHURI, CHIEF ECONOMIST, ZYFIN RESEARCH, MUMBAI

"The IIP (industrial output) data although volatile, has been reflecting a recovery in Indian industrial activity. Since April 2014, IIP growth was negative only once, compared to 6 times in FY 2013-14. This signals towards a healing process within the Indian economy.

"However, inflation has been sticky, making it difficult to preempt the monetary policy's stance on rates."

 

(Reporting by Abhishek Vishnoi; Compiled by Rafael Nam)