SME Times is powered by   
Search News
Just in:   • Trump declares Emergency to fund border wall on Mexican border  • Exporters urge govt to address sector's concerns  • Centre expects Rs 3,000 crore revenue by this fiscal-end  • Theresa May prepares for fresh talks with EU leaders  • Tea exporters ready to stop exports to Pakistan 
Last updated: 12 Oct, 2018  

Industry.9.4.Thmb.jpg August IIP at 3-month low, Sept inflation rises to 3.77 pc

Industry.9.4.jpg
   Top Stories
» Exporters urge govt to address sector's concerns
» Tea exporters ready to stop exports to Pakistan
» GeM sign MoU with GS1 to empower buyers
» 'Need for finance, tech, industry-driven approach by thermal plants'
» 'Slow exports growth in January on global, domestic issues'
SME Times News Bureau | 12 Oct, 2018

Industrial production growth slipped to a three-month low of 4.3 per cent in August as industrial activity lost steam amid high fuel prices and higher interest rates.

The industrial production measured in terms of Index of Industrial Production (IIP) was 4.8 per cent in August last year, the CSO data released Friday showed.

Mining output fell 0.4 percent year-on-year compared with a 9.3 percent rise in the same month last year.

Manufacturing output increased 4.6 percent compared with 3.8 percent growth last year.

Electricity generation growth stood at 7.8 percent compared to 8.3 percent last year.

Meanwhile, higher food and fuel prices accelerated India's September retail inflation to 3.77 per cent from 3.69 per cent in August.

Even on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in September 2018 was higher than in the corresponding period of last year, when it stood at 3.28 per cent.

According to the data furnished by the Central Statistics Office (CSO), the Consumer Food Price Index (CFPI) rose 0.51 per cent in September from 0.29 per cent in August 2018.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 18 Feb, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» MSME secy urges sector to avail govt scheme benefits(2)
» Starting an import export business: Basic guide for beginners(2)
» MRF to set up a new plant in Gujarat(2)
» History of Lok Sabha elections(1)
» 'SMEs can help India capitalise on UAE strength'(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter