Industrial Production grew by 6.4% for the month of August, an improvement over the 4.1% growth registered in the month of July and 0.5% growth in August last year. The manufacturing sector recorded 6.9% growth, electricity generation recorded 5.6% growth while mining output increased 3.8%.
India's retail inflation based on the consumer price index (CPI) for September increased to 4.41%, from 3.74% recorded for the previous month, on the back of higher food prices. The CPI for September last year was at 5.63%.
Car exports from India declined marginally to 267,043 units in the first six months of the current fiscal due to challenges in various markets including Sri Lanka and Bangladesh. India had exported 268,863 units in the same period of last fiscal.
Natural rubber production declined 15% in September to 51,000 tonnes and so did the imports, which fell 24% to 32,933 tonnes from a year ago.
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