India's retail inflation surged to a four-month high of 5.08% in June, up from 4.8% in May, driven by a sharp increase in food prices which reached a six-month high of 9.36%. This exceeded expectations, as a recent poll had projected inflation at 4.7%. Concurrently, the Index of Industrial Production (IIP) indicated robust growth, rising to a seven-month high of 5.9% in May, fueled by gains in electricity generation and mining sectors. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
